The U.S. Energy Secretary Chris Wright told CNBC that the Trump administration may allow more Russian diesel fuel onto the global market, framing it as an "incentive" for Moscow to end the war in Ukraine. President Trump reached a deal with Russian President Vladimir Putin for Russia to export 800,000 metric tons of diesel in October and November, followed by another million tons. However, analysts believe these volumes will not materially lower prices, as they are small compared to total global demand.