The average diesel price in the US is currently $6.28 (£4.74) a gallon, according to the AAA, down from the record high of $6.53 recorded at the end of September.
Shortly after Trump’s announcement, the US Treasury formally issued a temporary licence allowing Russian diesel into the market.
Putin said in a statement that he had spoken to Trump about the global energy situation on Friday, adding: “The Russian side confirmed its willingness to supply oil and petroleum products to the US market and global markets at large.”
An envoy for Putin, Kirill Dmitriev, welcomed the deal on social media, saying: “Russia-US co-operation on diesel and energy will benefit the world.”
A spokesperson for the UK government said: “The UK’s position could not be clearer. We will continue working closely with international partners to ensure Ukraine has the military and financial support it needs to defend itself.”
They added that the government would continue to “maintain pressure on Russia through the toughest sanctions regime ever imposed by UK”.
“Russia could end this war today. We remain committed to supporting Ukraine for as long as it takes and to working with partners to bring about a durable peace.”
Russia has this year experienced two waves of severe fuel shortages across the country as a result of Ukrainian drone strikes on Russian oil refineries.
According to the International Energy Agency, its diesel production is estimated to have fallen by nearly 30%.
Trump has expressed his displeasure over those attacks, blaming them for rising fuel prices.
But Zelensky defended the strikes on Friday, saying they were in response to “Russia’s years-long campaign of terror against Ukraine’s energy sector”.
“Ukraine will not set Russian oil refineries on fire if Russia does not destroy our energy infrastructure,” he said.
