Expert warns Trump-Russia diesel pact will not ease Finnish fuel prices

Transport expert Hanna Kalenoja of the Central Chamber of Commerce assesses that the recently announced diesel supply agreement between the United States and Russia will not significantly affect diesel prices in Finland or across Europe. She points out that the quantities involved are modest and that Russia's ability to process fuel is hampered by ongoing conflict in Ukraine, making large-scale deliveries uncertain. Kalenoja also highlights that European diesel demand is near its seasonal peak, driven by heating and energy production needs.

The future of fuel price pressure, she says, will hinge on developments in the Middle East and the outcome of the US midterm elections, which could shape US policy toward Iran. She warns that any US concession to Russia on energy sanctions could undermine broader efforts to resolve the Ukraine war.