Oct 19, 2026 · 11 min · 5 segments
The Trump administration is saying the high price of diesel (and all the inflated costs that go with it), is because Ukraine is hitting Russian energy facilities. Ali Velshi shows that simply is not…
Nearly three out of four people rated the economy negatively, and when asked what specific economic issue people were most worried about, 59% said the cost of living.
Trump returned to office last year promising to lower prices on day one, except that his policies have only made things worse.
Fuel prices have soared due to his illegal and unpopular war of choice against Iran.
The average price of a, of diesel, a gallon of diesel, soaring to $6.32 a gallon today.
Trump has been unable to reach a lasting deal to end that conflict, or even just to reopen the Strait of Hormuz, though he continues to claim that it's been reopened.
The Strait of Hormuz is a critical choke point that has disrupted the global oil supply.
So instead, Trump has now made a predictably disastrous deal to buy diesel from probably the worst source imaginable, Vladimir Putin.
On Friday, the president announced that he plans to buy nearly five million tons of diesel from Russia.
The United States has not imported Russian oil since 2022 when Russia began its full-scale invasion of Ukraine, and it was just one month ago when Trump signed into law a sweeping package of strict new sanctions that were aimed to choke off Russia from the money and resources that it needs to continue its war against Ukraine.
Trump's diesel deal could undo all of that work and leave the United States with absolutely nothing to show for it.
So it will probably have virtually no effect on Republicans' chances in the midterms either.
It might even have a negative effect because it'll be yet another Trump promise unfulfilled.
It's also a dangerous capitulation to Putin and his war of aggression that risks undermining Ukraine's fight against Russia.
But whether or not Trump will actually follow through with this deal is now up in the air.
It's received a huge backlash from both sides of the aisle in both chambers of Congress.
In a letter written by a bipartisan group of senators that includes the Republicans Thom Tillis, Lisa Murkowski, and John Cornyn, the lawmakers blasted the deal and called on Trump to reconsider.
Nearly three out of four people rated the economy negatively, and when asked what specific economic issue people were most worried about, 59% said the cost of living.
Trump returned to office last year promising to lower prices on day one, except that his policies have only made things worse.
Fuel prices have soared due to his illegal and unpopular war of choice against Iran.
The average price of a, of diesel, a gallon of diesel, soaring to $6.32 a gallon today.
Trump has been unable to reach a lasting deal to end that conflict, or even just to reopen the Strait of Hormuz, though he continues to claim that it's been reopened.
The Strait of Hormuz is a critical choke point that has disrupted the global oil supply.
So instead, Trump has now made a predictably disastrous deal to buy diesel from probably the worst source imaginable, Vladimir Putin.
On Friday, the president announced that he plans to buy nearly five million tons of diesel from Russia.
The United States has not imported Russian oil since 2022 when Russia began its full-scale invasion of Ukraine, and it was just one month ago when Trump signed into law a sweeping package of strict new sanctions that were aimed to choke off Russia from the money and resources that it needs to continue its war against Ukraine.
Trump's diesel deal could undo all of that work and leave the United States with absolutely nothing to show for it.
So it will probably have virtually no effect on Republicans' chances in the midterms either.
It might even have a negative effect because it'll be yet another Trump promise unfulfilled.
It's also a dangerous capitulation to Putin and his war of aggression that risks undermining Ukraine's fight against Russia.
But whether or not Trump will actually follow through with this deal is now up in the air.
It's received a huge backlash from both sides of the aisle in both chambers of Congress.
In a letter written by a bipartisan group of senators that includes the Republicans Thom Tillis, Lisa Murkowski, and John Cornyn, the lawmakers blasted the deal and called on Trump to reconsider.
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