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Reform banks 72 million pounds

Houthis squeeze oil routes as AI chiefs plead for brakes and Reform cash surges

A tense day linked hard security, money and technology. Oil routes around Arabia narrowed, frontier AI firms tried to slow themselves without losing investors, and political cash kept trying to outrun new rules.

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World · Updated 31m ago

The Middle East after Gaza

No discrete new events; findings re-report known strikes and captures while adding transit data and procedural detail about the Salalah proposal.

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© Jornal Expresso
Conflicts·49m ago

Trump demands Ukraine halt strikes on Russian diesel refineries as fuel prices surpass 6 dollars

US President Donald Trump called on Volodymyr Zelenskyy to stop targeting Russian diesel plants, saying the strikes are creating global fuel shortages as US pump prices exceed 6 dollars a gallon.

Demand to halt refinery strikes

Speaking on 13 September during a visit to the Irish Open at his family's Doonbeg golf course in western Ireland, US President Donald Trump stated that he spoke with Ukrainian President Volodymyr Zelenskyy and told him to stop attacking Russian diesel facilities. Long-distance Ukrainian drone attacks have targeted refineries across Russia, reducing domestic fuel output and causing widespread rationing. Trump told reporters that Kyiv should redirect its military operations toward other targets.

Mr. Zelenskiy has to do one thing: He has to stop knocking out diesel fuel in Russia.

— Donald Trump

Trump reiterated that the campaign against Russian refineries was creating global supply pressures. He explained that he directly conveyed this message to the Ukrainian leadership during recent discussions.

We spoke to Mr. Zelenskiy about it. There are plenty of other targets. Don't hit diesel fuel. That's hurting the world.

— Donald Trump

Rising fuel prices and supply strains

The demand follows a surge in fuel costs, with the US national average price for diesel rising above 6 dollars per gallon on Friday for the first time, according to data from GasBuddy and the AAA automobile club. The previous peak occurred in June 2022, when prices reached 5.82 dollars per gallon following the initial invasion of Ukraine. Elevated pump prices present a domestic challenge for the US administration ahead of the midterm legislative elections scheduled for early November. In response to repeated strikes, Moscow extended a fuel export moratorium initially enacted in late July. A Russian government draft forecast indicated that the country downgraded its 2026 oil output projection to a 17-year low and revised export estimates for 2026 and 2027. The US Energy Information Administration warned that refined product inventories remain at low levels, keeping prices elevated.

Key milestones in energy and diplomatic developments
  1. Feb 28, 2026War with Iran begins, disrupting Gulf refining and closing the Strait of Hormuz.
  2. Late July 2026Moscow enacts a moratorium on diesel exports following strikes on refineries.
  3. Early September 2026US envoys Jared Kushner and Steve Witkoff visit Moscow and Kyiv under a temporary truce.
  4. Sep 11, 2026US benchmark diesel price exceeds 6 dollars per gallon.
  5. Sep 13, 2026Donald Trump publicly calls on Ukraine to stop attacking Russian diesel facilities.

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Contested causes of fuel shortages

Trump attributed the global diesel shortage exclusively to the war in Ukraine, dismissing suggestions that Middle Eastern turmoil was the primary driver. During his remarks in Ireland, he argued that refinery strikes in Russia are directly harming international commerce.

This isn't done by the Middle East, this is done by what's happening with Russia and Ukraine.

— Donald Trump

The conflict between the United States, Israel, and Iran that began on 28 February has closed the Strait of Hormuz, a shipping passage that normally accounts for 20% of global oil trade. According to the International Energy Agency, global diesel supplies are constrained because refineries in both the Gulf states and Russia have suffered damage.

War strategy and diplomatic missions

Ukraine maintains that Russian oil refineries and depots are legitimate military targets that finance and supply Moscow's four-year invasion. Ukrainian presidential spokesperson Kyrylo Budanov noted on Saturday that state energy company Gazprom has seen its estimated market value fall from 270 billion dollars twenty years ago to 30 billion dollars. While Ukrainian drones have struck deep inside Russian territory to disrupt fuel supplies, Russian forces have escalated aerial attacks against Ukraine's electricity grid using ballistic missiles and drones. Diplomatic channels recently reopened when US special envoys Jared Kushner and Steve Witkoff traveled to Moscow and Kyiv for negotiations, during which both sides observed a temporary truce.

Gazprom valuation cited by Ukrainian presidency · $B
2006
270
2026
30
2006
270 $B
2026
30 $B
Doonbeg · Kyiv · Moscow · Washington
Donald TrumpVolodymyr ZelenskyyKyrylo BudanovJared KushnerSteve WitkoffVladimir Putin
Donald TrumpUnited StatesDublinVolodymyr Zelenskyy

8 sources

  • Trump tells Ukraine's Zelenskiy to stop hitting Russian diesel
    Reuters·2h ago
  • Guerre en Ukraine : Trump dit que Zelensky " doit arrêter " d'attaquer les raffineries de diesel en Russie
    SudOuest.fr·1h ago
  • Trump manda Zelensky parar ataques a infraestruturas de gasóleo da Rússia
    Jornal Expresso·1h ago
  • Trump Demands Ukraine Halt Refinery Strikes as Diesel Surges
    Bloomberg Business·2h ago
  • Trump appelliert an Ukraine: "Selenskyj muss aufhören, den Dieselkraftstoff in Russland lahmzulegen
    RP Online·2h ago
  • Donald Trump insta a Zelenski a dejar de atacar la industria petrolera rusa: "Está provocando escasez de diésel"
    20 minutos·2h ago
  • Trump culpa a Zelenski del precio del diésel en EEUU por sus bombardeos sobre Rusia sin asumir las consecuencias de la guerra en Irán
    eldiario.es·2h ago
  • Donald Trump estime que Volodymyr Zelensky "doit arrêter" de frapper les raffineries de diesel en Russie face à l'envolée des prix à la pompe
    BFMTV·2h ago

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