# Trump's Diesel Deal Sparks Market Shift

> Trump's plan to buy Russian diesel drops oil prices as Asian markets react.
- Title: Trump's Diesel Deal Sparks Market Shift · Seattletimes
- Summary: Trump's plan to buy Russian diesel drops oil prices as Asian markets react. Trump's announcement of purchasing Russian diesel for the U.S. market caused oil…
- Keywords: trump, russian diesel, oil prices, asian shares, brent crude, dow jones, s&p 500, us stock futures, news, local, Trump's, Diesel
- Source: Seattletimes — https://seattletimes.com/business/asian-shares-are-mixed-and-oil-prices-fall-about-1-50-as-trump-says-us-will-buy-diesel-from-russia
- Read time: 1 min
- Topics: trump, russian diesel, oil prices, asian shares, brent crude, dow jones, s&p 500, us stock futures, news, local
## Trump announces diesel deal
U.S. President Donald Trump said Russia will supply over 300,000 tons of diesel to the American market immediately.

> immediately supply more than 300,000 tons of diesel to the american and global market
## Oil prices drop $1.50
Brent crude fell 1.4% to $103.31 per barrel as u.s. benchmark crude dropped 1.7% to $90.31.

> brent crude fell 1.4% to $103.31 per barrel
## Asian markets mixed
South korea's kospi lost 3.1% to 6,416.17 while hong kong's hang seng edged 0.2% higher to 24,253.70.

> south korea's kospi lost 3.1% to 6,416.17
## U.s. stock futures rise
U.s. stock futures gained more than 0.3% after wall street finished its record-setting week with gains.

> u.s. stock futures gained more than 0.3% after wall street finished its record-setting week with gains
## Lawmakers criticize plan
A bipartisan group of six senators called for the administration to immediately reverse course on the diesel deal.

> immediately reverse course on the plan
## Key takeaway

Trump's announcement of purchasing Russian diesel for the U.S. market caused oil prices to fall $1.50 per barrel and mixed Asian stock movements.