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Zelenskyy Says He Feels Betrayed by Trump Diesel Deal as Trump Launches $130 Billion Alaska LNG Agreements

By Market Flux···2 min read
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Ukrainian President Volodymyr Zelenskyy said he feels betrayed by Donald Trump's agreement with Russia to supply diesel to US and global markets, calling Trump's position on the war "painful" and saying it is "not the right side of history." Speaking to Piers Morgan in an interview released October 14, Zelenskyy qualified his sense of betrayal by saying "it is complicated," and added of Trump: "If you're in the middle, you have to stay in the middle." His remarks came as the Kremlin questioned the scope of Trump's separately announced energy ceasefire, which a White House official suggested applies only to oil refineries, while Russia continued aerial attacks on Ukraine's power grid. Analysts from Quantum Strategy and Geonomics described the diesel supply figures Trump cited as "fantasy arithmetic" that would be unrealistic given Russia's current refining capacity and export levels. The deal was also reported to be sending shockwaves through the GOP.

Separately, Trump announced a series of large-scale energy and industrial deals totaling roughly $130 billion in Alaska LNG commitments. South Korea committed a $50 billion investment in the project, while Taiwan agreed to purchase 30% of pipeline output over 20 years at a value of $70 billion to $80 billion and invest $4.4 billion in equity, securing 30% of pipeline capacity. Trump described Taiwan's offtake agreement as the largest in history, and said all necessary permits and authorizations for the Alaska LNG project are secured.

Trump also announced a $21 billion investment, financed by Japanese capital, for GlobalFoundries to build two new semiconductor fabrication plants in Malta, New York. The project is expected to create 27,000 construction and supply-chain jobs and more than 1,000 manufacturing jobs. The federal government will supplement the deal with $955 million in advanced chip funding, bringing total government investment to $1.63 billion, and will receive equity in GlobalFoundries that Trump valued at more than $2 billion.

In the Middle East, Iran was reported to be changing tactics to step up attacks on commercial ships in the Strait of Hormuz, with nearly 20 vessels, mostly tankers, attacked in the past month. The US posture has not shifted despite the attacks and a ship sinking, with Trump said to have deferred action until after the November 3 midterm elections. Separately, Israel signed a deal with the US Pentagon to purchase 12 advanced Boeing Apache attack helicopters, while Royal Saudi Air Force airstrikes hit Houthi vehicles and positions. Regional tensions remain elevated, with Israeli forces on heightened alert and US military airlift activity into the Middle East increasing.

© AI-generated summary is provided by Market Flux

Sources

  1. Semafor🟡 NEW: Trump is downplaying the idea of cutting off intelligence-sharing with Ukraine, telling reporters that the US is still sharing intelligence. But the idea is actively being discussed inside the White House.
  2. PiQMarketsTrump's diesel deal with Russia shows global weakness, Browder argues US President Donald Trump's agreement for Russia to supply diesel to the US and global markets has been criticized by analysts and Ukrainian President Volodymyr Zelenskyy. Analysts from Quantum Strategy and Geonomics argue that the quantities Trump claimed Russia would supply are unrealistic given its current refining capacity and export levels, suggesting the deal is based on 'fantasy arithmetic' and is likely to fail economically.
  3. Osint613Houthi vehicles and positions hit by Royal Saudi Air Force airstrikes.
  4. BeckyCNNA senior official familiar with Saudi government thinking tells me the Kingdom has no intention of backing down in its fight against the Houthis. So what are Riyadh’s tactical options moving forward? I ask @Abbas_Dahouk.
  5. StaunovoTaiwan cites progress on Alaska LNG after Trump says it will buy 30% of output
  6. Gbrew24The lack of action from the US in response to the situation in Hormuz is remarkable. Dozens of ship attacks, a ship sinking, and still no change in the US posture. Trump continues to promise action, but only after the US mid-terms. Until then, Iran (seemingly) has carte blanche.
  7. Thehill"Trump’s authoritarian raid on Ilhan Omar is an attack on the rule of law" (@TheHillOpinion)
  8. MarketsdayCritical security questions emerge after public alerts cease ahead of fatal airport strikes | Saudi Arabia halted public warnings of imminent military attacks days before a series of strikes on Riyadh airport killed at least 18 people and wounded over 300, with the government offering no explanation for the absence of alerts during four attacks in the past week as four Western and Arab regional officials alongside political analysts told Reuters that the silence raises concerns over the kingdom's vulnerabilities and its ability to protect residents and visitors #SaudiArabia #Riyadh #Security #MiddleEast #Aviation #InternationalNews
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  1. PiersUncensoredBREAKING: President Zelensky tells Piers Morgan he feels 'betrayed' over Trump announcing an energy ceasefire and diesel deal with Putin. 'This is not the right side of history.' Full exclusive interview dropping soon 👇 📺 @piersmorgan | @ZelenskyyUa
  2. DeItaoneZELENSKIY, ASKED IF HE FEELS BETRAYED BY TRUMP'S DIESEL DEAL: YES, BUT IT IS COMPLICATED - PIERS MORGAN INTERVIEW
  3. Unusual_Whalesran is changing tactics to step up attacks on ships in the Strait of Hormuz, aiming to keep oil prices high ahead of the Nov. 3 U.S. midterm elections, per Reuters. Nearly 20 commercial ships, mostly tankers, have been attacked in the past month in and around the strait.
  4. FirstSquawkUKRAINE'S ZELENSKIY ON IF HE FEELS BETRAYED BY TRUMP'S RUSSIA-DIESEL DEAL: YES, BUT IT IS COMPLICATED - PIERS MORGAN INTERVIEW
  5. FinancialjuiceTrump: Taiwan commits $70b-$80b Alaska LNG offtake - Truth Social
  6. Zerohedge*ZELENSKYY SAYS HE FEELS BETRAYED BY TRUMP'S DIESEL DEAL
  7. LiveSquawkUS President Trump: Launched Alaska LNG Project, Largest In State History - TSL
  8. MoloWarMonitorTo the people attacking me in the comments, claiming this news is U.S. propaganda and that I'm creating a pretext to kill fishermen, this is what MES just said, a channel affiliated with the IRGC and extremely pro-Iran. Open your eyes, please.
  9. Cointelegraph🚨 JUST IN: President Trump announced a $50 billion South Korean investment in Alaska LNG, alongside a $70–80 billion LNG purchase commitment and $4.4 billion equity investment from Taiwan.
  10. BullTheoryio🇺🇸 President Trump just now: 1. South Korea is investing $50 BILLION in the Alaska LNG project. 2. Taiwan has committed up to $80 BILLION to purchase Alaska LNG over 20 years. 3. Taiwan will also invest $4.4 BILLION in the project. 4. Taiwan's agreement covers 30% of the pipeline's capacity. 5. The project has secured all necessary permits and authorizations. That's up to $134.4 BILLION in announced investments and long-term gas purchase commitments.
  11. RedboxWireTRUMP SAYS TAIWAN COMMITS $70B-$80B ALASKA LNG OFFTAKE
  12. Komadovsky❗️There has been no follow-up from the U.S. or @Starlink regarding the speed restrictions in Ukraine, a senior Ukrainian official tells me @DeutscheWelle. “We view this as a signal regarding further restrictive measures.” The official confirms the U.S. has threatened to halt intelligence sharing with Ukraine, but Washington continues to share intelligence with Kyiv for now.
  13. MaceNewsMacroPRES TRUMP POSTS: 'MASSIVE; $21 BLN INVESTMENT FINANCED BY JAPAN, SKOREA, TAIWAN TO BUILD TWO SEMICONDUCTOR FABS IN MALTA, NY; SOME OWNERSHIP BY GOVT; to be operated by GlobalFoundries #semiconductors #Trump #economy
  14. PolymarketJUST IN: Trump announces Taiwan has committed up to $80 billion for Alaska's LNG project over 20 years, calling it "the largest offtake agreement in history."
  15. BenzingaPresident Donald Trump continues to favor a diplomatic resolution with Iran, while the administration warns Tehran could face additional consequences if negotiations fail. State Department spokesperson Tommy Pigott said Washington’s central demand remains unchanged: Iran cannot be allowed to obtain a nuclear weapon. Pigott also said oil shipments through the Strait of Hormuz have recovered above pre-conflict levels when Iranian exports are excluded, despite continued tensions around the strategic waterway. Iran, meanwhile, is reportedly changing its tactics against commercial shipping in an effort to keep global oil prices elevated and increase economic pressure on the U.S. Senior Iranian officials said Tehran recently began using different offensive tactics against vessels it considers to be violating restrictions in the Strait of Hormuz, leading to an increase in attacks. A U.S. military official said Iran’s Islamic Revolutionary Guard Corps has also begun using small boats as unarmed spotters to identify potential targets after U.S. strikes damaged much of its radar infrastructure. Iranian officials reportedly plan to expand operations beyond Hormuz into the Gulf of Oman and surrounding waters. One official said the goal is to frustrate U.S. efforts to bring down global oil prices. The strategy comes ahead of the November midterm elections, with elevated energy prices remaining a major economic issue. WTI crude was trading around $95 per barrel while Brent remained above $106 as uncertainty around shipping and the broader conflict continued.
  16. Crypto BriefingHouthi missile attack targets Riyadh airport, intercepted by Saudi defenses
  17. MarketRebelsYEMEN'S HOUTHIS SAY THEY ATTACKED KING KHALID AIRPORT IN RIYADH WITH BALLISTIC MISSILE -MILITARY SPOKESPERSON