Trump pulls another rabbit out of the hat to tackle diesel prices

With the US midterm elections approaching, Trump appears keen to do something about high diesel prices. As well as allowing farmers to use public roads with red diesel, the US president has caused a stir with a diesel deal with Russia. The deal is intended to provide relief for US crop and livestock farmers (and the rest of the world), but runs counter to the sanctions policy pursued against Russia so far. Meanwhile, European gas prices have reached their highest level since the end of 2022.