Lawmakers Warn U.S. Ports and Banks Over Trump-Putin Russian Diesel Deal
A bipartisan group of U.S. lawmakers is warning major banks and port authorities against facilitating Russian diesel shipments under President Donald Trump’s controversial agreement with Vladimir Putin, raising the prospect...
The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott
A bipartisan group of U.S. lawmakers is warning major banks and port authorities against facilitating Russian diesel shipments under President Donald Trump’s controversial agreement with Vladimir Putin, raising the prospect of legal action and congressional investigations as tankers carrying Russian fuel begin heading toward American ports.
In an October 24 letter, lawmakers called on six major financial institutions and port authorities in Texas and New York to preserve records related to Russian diesel transactions, including shipping documents, vessel records, contracts and communications with government officials.
The letter, first reported by Axios, warns that importing Russian diesel into the United States raises serious legal questions and could expose companies involved in the trade to future investigations.
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