Russian Diesel Tankers Divert From US Coast as State Pushback Stalls Import Plan

An initiative authorized by the Trump administration to import Russian diesel is faltering as tankers divert away from the US Atlantic coast following regulatory pushback. New Jersey Governor Mikie Sherrill warned port operators of severe penalties under sanctions laws, arguing the executive branch lacks authority to waive them. The disruption coincides with US diesel inventories falling below 100 million barrels for the first time in over two decades. Consequently, diesel futures have surged over 60 percent, with retail pump prices hovering near records at $6.27 per gallon.