Raskin Warns Oil Industry Over Trump’s Russian Diesel Deal as Gasoline Stays $2.70 Higher
Updated
Updated · POLITICO · Oct 26
Raskin Warns Oil Industry Over Trump’s Russian Diesel Deal as Gasoline Stays $2.70 Higher
3 articles · Updated · POLITICO · Oct 26
Summary
Jamie Raskin told major oil and refining groups Monday they could face legal accountability if they import any Russian diesel under President Donald Trump’s new deal with the Kremlin.
In letters to the American Petroleum Institute, American Fuel and Petrochemical Manufacturers and the U.S. Chamber, Raskin said helping "hawk Russian diesel in the U.S." would violate federal law despite the administration’s plan.
Trump announced the purchases earlier this month to curb fuel prices, which Raskin noted are still $2.70 a gallon above year-ago levels.
The warning adds to bipartisan backlash over the arrangement and carries extra weight because Raskin is expected to lead the House Judiciary Committee if Democrats win control next week.
Will introducing a controversial fraction of foreign diesel actually relieve global refining bottlenecks, or merely legalize hidden trade routes without lowering prices?
How might international allies react when emergency fuel deals bypass established global sanctions while domestic refineries remain critically maxed out?