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Russia’s RDIF Says US Treasury Sought Help on Diesel Deal

Kirill Dmitriev, head of the Russian Direct Investment Fund, said the US Treasury asked RDIF to help broker a diesel agreement between Washington and Moscow, including handling payment arrangements and what he called purely tactical issues. Speaking at Russian Energy Week in Moscow, Dmitriev said RDIF will ensure all payments are made effectively and reach the intended recipients.

Original source

AI take

The striking element is the direction of the request: a US Treasury approach to a Russian sovereign fund for help structuring payments suggests the practical plumbing of a bilateral energy transaction is being worked outside the usual sanctions-constrained channels. That matters for anyone tracking how Russian energy flows are financed and intermediated, since payment routing has been the binding constraint, not supply. Whether this reflects a narrow, tactical arrangement or something broader is the open question, and the details of how those payments are actually cleared are worth watching.

Generated by AI for reference only.

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