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Published October 12, 2026 · 00:32 US/Eastern

Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia - Audacy

Asian equity markets traded mixed on the session, while crude oil prices fell by roughly $1.50. The move followed remarks from President Donald Trump indicating the United States will purchase diesel from Russia, according to Audacy.

The headline carries two distinct threads for investors to weigh. The first is the oil price reaction: a drop of about $1.50 suggests traders read the prospect of US diesel purchases from Russia as a potential shift in expected demand and trade flows. The second is the mixed performance across Asian benchmarks, which implies that markets did not react uniformly — some indices absorbed the news better than others, reflecting differing exposure to energy costs and trade sensitivity.

For observers, the key question is whether this signals a broader recalibration of energy supply routes or remains a one-off headline. Diesel pricing matters because it feeds into freight, industrial input costs, and ultimately inflation readings. Traders and analysts will likely watch for confirmation of any actual purchase terms, the response from other suppliers, and whether the oil price move holds or reverses once more details emerge.

Source: Audacy

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