Crosswire — October 11, 2026
DAILY BRIEFING
GEOPOLITICS
Russian Diesel Deal Moves From Announcement to Market Pricing
What changed: The Moscow Exchange index crossed 2,400 points in evening trading, with the move attributed to agreements on supplying Russian diesel to world markets. This follows the US Treasury's temporary sanctions exemption for Russian-origin diesel — the license runs to April 7, 2027, and covers sale, delivery, unloading, and import into the US. Volumes announced: 300,000 tonnes immediately, 500,000 tonnes in November, scaling to 1 million after.
Why it matters: This is the first hard market signal…
The skinny
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