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Imperial Oil Ltd
Symbol IMO
Shares Issued 472,011,797
Close 2026-10-23 C$ 188.72
Market Cap C$ 89,078,066,330
Recent Sedar+ Documents

Globe/AP say Suncor sees Russian diesel heading to U.S.

2026-10-26 08:04 ET - In the News

See In the News (C-SU) Suncor Energy Inc

The Globe and Mail reports in its Saturday edition that a first tanker carrying Russian diesel to the United States has set sail, two weeks after President Donald Trump said he struck a deal with Russia. An Associated Press dispatch to The Globe says the first shipment would amount to 40,000 tons of diesel, according to Russia's Interfax news agency. Marine intelligence firm Kpler said the vessel was signalling it was headed to New York to arrive Nov. 7 and would be the first Russian diesel delivery to the United States since July, 2023. The abrupt reversal of U.S. sanctions policy on Russia over its full-scale invasion of Ukraine was seen as an attempt by Mr. Trump to address high fuel prices ahead of the midterm elections. The diesel shipment of 40,000 tons amounts to around 300,000 barrels, or about 7 per cent of the roughly four million barrels of diesel the U.S. economy consumes in a single day. The import agreement, which Mr. Trump says foresees millions more tons of Russian diesel reaching the U.S. in coming months, is unlikely to make a dent in painfully high prices at the pump or elsewhere. Russia's diesel production has come under strain from repeated Ukrainian long-range drone strikes on its oil refineries.

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