Why Trump’s effort to build more refineries won’t lower gas prices
President Trump is attempting to lower high fuel prices ahead of the November midterms by boosting domestic capacity and importing foreign fuel. Vice President JD Vance announced the invocation of the Defense Production Act to expand a refinery in Tyler, Texas, while Trump issued an executive waiver on the Lindsey O. Graham Sanctioning Russia and Iran Act to allow Russian diesel imports. Despite these moves, the reported results of the administration's efforts have not materialized, and fuel prices remain a dominant issue for the 2026 election as refiners profit from sky-high prices.
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- ✓ Vice President JD Vance announced the administration invoked the Defense Production Act to expand a refinery in Tyler, Texas.
- ✓ President Trump issued an executive waiver on the Lindsey O. Graham Sanctioning Russia and Iran Act to permit Russian diesel imports.
- ✓ Federico II University in Naples adopted distance learning for all lessons starting October 22 due to unrest and consequent fuel supply difficulties.
What changed
The administration utilized emergency authorities and issued executive waivers on the Lindsey O. Graham Sanctioning Russia and Iran Act to permit Russian diesel imports and expand domestic refining capacity.
Live updates
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Trump refinery push faces limits as fuel prices pressure midterms
President Trump is attempting to lower high fuel prices ahead of the November midterms by boosting domestic capacity and importing foreign fuel. Vice President JD Vance announced the invocation of the Defense Production Act to expand a refinery in Tyler, Texas, while Trump issued an executive waiver on the Lindsey O. Graham Sanctioning Russia and Iran Act to allow Russian diesel imports. Despite these moves, the reported results of the administration's efforts have not materialized, and fuel prices remain a dominant issue for the 2026 election as refiners profit from sky-high prices.
Why it matters
High fuel costs remain a central political vulnerability for the administration heading into the upcoming midterms. While the White House has turned to emergency authorities and sanctions waivers to force down costs, structural factors and high refiner profits continue to sustain pain at the pump. Meanwhile, related regional unrest and infrastructure strain linked to ongoing conflicts have triggered secondary disruptions, such as fuel supply difficulties forcing Federico II University in Naples to shift to remote learning.
What is confirmed
- Vice President JD Vance announced the administration invoked the Defense Production Act to expand a refinery in Tyler, Texas.
- President Trump issued an executive waiver on the Lindsey O. Graham Sanctioning Russia and Iran Act to permit Russian diesel imports.
- Federico II University in Naples adopted distance learning for all lessons starting October 22 due to unrest and consequent fuel supply difficulties.
Still unconfirmed
- Refiners turning crude into fuel have quietly been making a killing and driving up costs while crude oil gets most of the blame for high prices.
What to watch next
- Measurable impacts of the Tyler, Texas refinery expansion on domestic fuel inventories
- Actual arrival volumes and market price effects of permitted Russian diesel imports
- Voter reaction to fuel prices in the upcoming November midterms
confidence 100%Sources used for this update (9)
- www.nytimes.com — The New York Times - Breaking News, US News, World News and Videos
- www.dailymail.com — UK Home | Daily Mail Online
- seekingalpha.com — Patient Capital Management Q3 2026 Commentary
- tribune.com.pk — Iran’s precision strikes picked apart Gulf infrastructure, blunting US war plans
- mishtalk.com — Trump Waives Most of the Russia Sanctions in the Lindsey Graham Act – MishTalk
- jen.jiji.com — Federico II University, remote lessons from tomorrow until further notice
- jen.jiji.com — Disorders and protests, TikTok condemns violence: 'task force' activated and videos and accounts removed
- www.thederrick.com — COLUMN: Pain at the pump, but profit at the refinery
- countercurrents.org — Are the peace movement and the climate movement the same thing? | Countercurrents
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Trump Invokes Defense Production Act to Expand Texas Refinery Amid High Fuel Costs
President Trump is attempting to lower gas prices before the November midterms by increasing domestic capacity and importing foreign fuel. Vice President JD Vance announced the administration invoked the Defense Production Act to expand a refinery in Tyler, Texas. To further ease prices, Trump issued an executive waiver on a month-old tariff law to permit Russian diesel imports. Despite these actions, high fuel prices remain a dominant issue for the 2026 election, and reported results of the president's efforts have not yet materialized.
Why it matters
Fuel costs are a central theme of the 2026 midterm elections. The administration is balancing domestic expansion with controversial waivers on Russian energy imports to combat a broader energy crisis.
What is confirmed
- Vice President JD Vance announced the administration invoked the Defense Production Act to expand a refinery in Tyler, Texas.
- President Trump issued an executive waiver bypassing a new tariff to allow Russian diesel imports.
- High fuel prices at the pump are a dominating issue for the 2026 election.
Still unconfirmed
- President Trump is making business deals in Russia for family and friends by undermining Ukraine.
What to watch next
- November midterm election results
- Impact of the Tyler, Texas refinery expansion on domestic fuel supply
- Legislative response to the Russian diesel tariff waiver
confidence 90%Sources used for this update (15)
- www.yahoo.com — Yahoo
- www.salon.com — Trump gets richer while gas prices soar - Salon.com
- www.businessinsider.com — Trump's Quest to Lower Gas Prices Ahead of Midterms Is Not ...
- www.mcsweeneys.net — Lest We Forget the Horrors: An Unending Catalog of Trump’s Cruelties, Collusions, Corruptions, and Crim....
- www.marketscreener.com — Global Stocks Fall on Higher Oil Prices, AI Pullback | MarketScreener
- timesofindia.indiatimes.com — Saudi Arabia Turns To Iran Amid Houthi Strikes, Dealing Trump A Major Gulf Blow? - Times of India Videos
- www.iheart.com — ONE THIRD OF TRUMP '24 VOTERS ABANDON HIM AS MIDTERMS LOOM -10.12.26
- www.wvtf.org — Does the U.S. need more oil refineries? | WVTF
- mybellinghamnow.com — Rick Larsen: 2nd Congressional District candidate - My Bellingham Now
- www.lucianne.com — Lucianne.com News Forum - Trump admin invokes Defense Production <br/>Act to expand Texas refinery, Vance says
- www.briefs.co — Trump Waives Month-Old Tariff Law to Clear Path for Russian Diesel Deal
- www.inquirer.com — I saw firsthand how Ukraine could win the war — if Trump weren’t determined to hand the country over to Putin
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Trump's Effort to Build Refineries Won't Lower Gas Prices
President Trump's strategy to manage fuel costs, including building more refineries, may not effectively drive down consumer fuel costs. The global oil market, refining capacity, and geopolitical tensions are contributing factors to high gas prices. Despite efforts to increase domestic refinery capacity, fuel prices remain elevated.
Why it matters
The ongoing skepticism about increasing domestic refinery capacity to lower gas prices comes amid high inflation and global economic uncertainty. The Biden administration and G7 countries have released strategic oil reserves to stabilize fuel markets. Geopolitical tensions, including the Russia-Ukraine conflict and Iran's oil exports, continue to impact global oil prices.
What is confirmed
- Tight refining capacity is keeping gasoline and diesel prices elevated.
- The Strait of Hormuz is open, yet fuel prices remain high.
- Iran's Bank Parsian used its foreign-exchange arm to move millions of dollars abroad through intermediaries despite US sanctions.
Still unconfirmed
- A $20 billion bid by Todd Boehly to buy Russian giant Lukoil's overseas assets and boost the US Treasury is backed by the Trump administration.
What to watch next
- US Treasury's response to the Lukoil bid
- Global oil price fluctuations
- OPEC's next meeting on oil production levels
confidence 75%Sources used for this update (13)
- www.iranintl.com — Parsian Exchange transferred millions of dollars for Iran despite sanctions
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- www.zerohedge.com — Futures Slide As Oil Jumps On Iran Strike Report, Bond Rout Resumes Ahead Of 30Y Auction | ZeroHedge
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- jen.jiji.com — Bayern, incredible Neuer error and Augsburg ahead after 5 seconds - Video
- www.fool.com — The Oil Story Everyone's Telling You Is Wrong. Here's What's ...
- www.cnn.com — If the Strait of Hormuz is open, why are gas and diesel so expensive?
- www.kcra.com — Congressional District 8 debate recap | John Garamendi and Rudy Recile - KCRA
- www.yahoo.com — Full transcript of "Face the Nation with Margaret Brennan," Oct. 11, 2026
- nypost.com — Exclusive | Trump-backed Lukoil bid aims to deliver billions ...
- www.marketscreener.com — Russia Pounds Ukrainian Energy Despite Trump's Ceasefire Announcement -- Commodities Roundup | MarketScre....
- transcripts.cnn.com — Trump Lashes Out At Zelenskyy, Calls For New Leader In Ukraine; Public Firing Squad Execution Order Caugh....
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Trump's Venezuelan oil deal unlikely to reduce gas prices
President Trump is keeping the specifics of a Venezuelan oil agreement secret, though current analysis indicates the deal will not lower gas prices in the United States. This follows a broader strategy to manage fuel costs, including a decision by Trump to avoid a diesel export ban and a G7 commitment to release up to 100 million barrels of diesel and crude oil over four months. These efforts occur amid ongoing skepticism that increasing domestic refinery capacity alone can effectively drive down consumer fuel costs.
Why it matters
The US is balancing domestic production goals with international cooperation to stabilize energy markets. Global oil prices are influenced by both bilateral deals and coordinated G7 releases. The effectiveness of these measures remains a point of contention among economic analysts.
Still unconfirmed
- Trump is concealing the details of his deal for Venezuelan oil.
- The Venezuelan oil deal will not lower US gas prices.
What to watch next
- Disclosure of the specific terms of the Venezuelan oil agreement.
- Updates on the volume of diesel released by G7 nations during the first 20 days.
confidence 70%Sources used for this update (3)
- www.redlandsdailyfacts.com — Leila Namvar, Assembly District 47 candidate, 2026 election questionnaire – Redlands Daily Facts
- www.latimes.com — Hiltzik: The mystery of Trump's Venezuela oil deal
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Trump Reverses Diesel Export Ban as G7 Releases 100 Million Barrels of Oil
President Trump announced the US will not impose a diesel export ban. This decision coincides with a coordinated effort by G7 nations, including the UK, France, and Germany, to release up to 100 million barrels of diesel and crude oil. The G7 release begins immediately and will span four months, with a substantial volume of diesel scheduled for release within the first 20 days. These moves follow previous concerns that restricting exports and focusing on domestic refinery capacity would fail to lower fuel prices.
Why it matters
Fuel costs are influenced by global market drivers and geopolitical tensions, such as the ongoing conflict with Iran. Previous policy proposals suggested that banning diesel exports could disrupt global economies. The current coordinated release aims to stabilize supply across member nations.
What is confirmed
- G7 leaders agreed to release up to 100 million barrels of diesel and crude oil.
- The G7 oil release will take place over four months.
- A substantial amount of diesel will be released within the first 20 days of the G7 plan.
- President Trump stated the US will not impose a diesel export ban.
What to watch next
- The impact of the G7 oil release on global diesel prices over the next 20 days
- Updates on the conflict with Iran and its effect on energy markets
confidence 100%Sources used for this update (9)
- www.cdc.gov — Think. Test. Treat TB | Think. Test. Treat TB. | CDC
- thedispatch.com — The White House Digs Deeper Into the Policy Quicksand
- economictimes.indiatimes.com — Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bind
- www.gulf-times.com — tag - Gulf Times
- www.foxbusiness.com — Infrastructure News, Updates, and Analysis | Fox Business
- lindelltv.com — OPINION: Five reasons why the war with Iran must end immediately - LindellTV
- shalemag.com — Gasoline Prices and U.S. Oil Policy: What Really Drives the ...
- www.bbc.co.uk — G7 leaders agree to release up to 100 million barrels of diesel and crude oil - BBC News
- stocktwits.com — Trump Says US Will Not Impose A Diesel Export Ban As G7 Countries Agree To Release 100M Barrels Of Diesel....
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Trump's effort to build more refineries won't lower gas prices
President Trump's plans to build more refineries and ban diesel exports are unlikely to lower gas prices. The US refining industry is complex, and increasing capacity may not necessarily lead to lower fuel prices. Additionally, Trump's policies, such as cutting fuel economy standards, may even raise gas prices. The global oil market is also influenced by geopolitical tensions, including the conflict in Iran.
Why it matters
The US gas market is influenced by various factors, including global events, sanctions, and domestic policies. The ongoing conflict in Iran, which began on February 28, has led to increased tensions in the region. Trump's policies aim to impact the oil industry, but their effectiveness in lowering gas prices is uncertain.
What is confirmed
- Iran's oil industry faces governance issues, including who makes decisions, signs contracts, and receives money.
- The US refining industry is complex, and increasing capacity may not necessarily lead to lower fuel prices.
- Cutting fuel economy standards will raise gas prices by $0.76/gal due to higher demand.
- Iran's rial has hit another record low under economic and military pressure.
Still unconfirmed
- Trump plans to ban diesel exports, which could upset the US oil sector and upend global fuel markets.
What to watch next
- US-China summit on September 24
- Potential new indirect talks with the United States and Iran
- Impact of Trump's policies on the US oil sector and global fuel markets
confidence 75%Sources used for this update (18)
- www.thehindubusinessline.com — Sensex today | Stock Market Highlights: Sensex falls 330 pts, Nifty closes at 23,329; oil slips to $98.9 ahead of potential US-Iran talks
- www.rferl.org — Why China Is Unlikely To Pressure Iran Ahead Of Trump-Xi Summit
- newrepublic.com — Trump Plans Diesel Export Ban Over Protests From His Top Officials
- www.thebulwark.com — Trump Kowtows to China
- www.iranintl.com — Iran’s oil industry has too many masters
- fortune.com — Why Trump banning diesel exports would upset the U.S. oil sector and upend global fuel markets
- www.ctvnews.ca — Donald Trump's slashing of diesel prices may backfire
- thelogic.co — Cameco’s high-stakes bid to be Canada’s next nuclear champion - The Logic
- www.monitor.co.me — Giants at the Chessboard: The US and China are using Russia for their own purposes – Monitor
- www.pbs.org — Trump administration lowers fuel economy standards, critics say at a significant environmental cost
- electrek.co — Think gas prices are too low? Don’t fret, Trump just raised them even higher
- www.iranintl.com — Iran’s rial hits another record low under economic and military pressure
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UK Police Arrest Men Near US Bomber Base Amid Explosives Probe
Gloucestershire police evacuated Whelford village and arrested several men on suspicion of offenses under the Explosives Act following a serious incident near the Royal Air Force Fairford base. The facility hosts the United States Air Force for bomber deployments tied to the ongoing conflict in Iran that began on February 28. Police and an army explosive ordnance disposal team examined several vehicles while emergency services secured the area. Authorities report the situation is contained, though investigations continue.
Why it matters
The Fairford base is a crucial node for American military operations in the ongoing Middle East conflict, housing deployed US bombers since February 28. Security incidents near such vital military infrastructure heighten tensions as regional hostilities persist. Meanwhile, diplomatic and economic pressures mount across the region as Iranian officials warn neighboring states over energy and transit restrictions.
What is confirmed
- Gloucestershire police evacuated residents of Whelford village near the Fairford base following a serious incident.
- Several men were arrested on suspicion of offenses under the Explosives Act.
- The army's specialized explosive ordnance disposal team examined several vehicles at the scene.
- The Fairford base has been used by the United States Air Force for bomber deployments since the conflict in Iran began on February 28.
Still unconfirmed
- Police believe the security incident near the air base is currently under control.
What to watch next
- Results from the army explosive ordnance disposal team examining vehicles at the scene
- Further statements from Gloucestershire police regarding the suspects arrested under the Explosives Act
confidence 100%Sources used for this update (3)
- www.hindustantimes.com — SEARCH NEWS
- jen.jiji.com — "Serious incident" near UK base used by US for deployment of bombers in Iran
- www.iranintl.com — Iranian lawmaker warns flight curbs could affect wider ties with Iraq
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Trump pushes for refinery expansion amid record diesel prices
President Donald Trump is urging oil executives to reopen idle plants and expand refinery capacity to lower consumer costs. This push comes as diesel prices hit record highs due to conflict in the Middle East, creating financial pressure for farmers and rural residents. Analysts argue these efforts may fail to reduce pump prices because domestic refineries are already operating near maximum capacity, making it difficult to increase output regardless of administration pressure.
Why it matters
The U.S. has seen a multi-decade decline in the number of operating refineries. This reduction in infrastructure limits the domestic ability to process crude oil during global supply shocks.
What to watch next
- Reports on the number of idle refineries that successfully resume operations
- Data on domestic refinery utilization rates
- Updates on Middle East conflict impacting diesel supply chains
confidence 100%Sources used for this update (3)
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Rising Diesel Prices Pressure Trump Administration Energy Strategy
Diesel prices have reached record highs due to intensifying conflict in the Middle East, impacting rural residents and farmers. This price surge occurs as President Donald Trump pushes oil executives to expand refinery capacity and reopen idle plants to lower consumer costs. While the administration seeks to reverse a multi-decade decline in operating refineries, analysts suggest these efforts may not lower pump prices because existing domestic facilities already function near maximum capacity.
Why it matters
The U.S. has not built a large new domestic refinery since 1977. Operating refineries have fallen to about half of their 1982 levels.
What is confirmed
- No large new domestic refinery has been constructed since 1977.
- The number of operating refineries has dropped to roughly half of the 1982 count.
Still unconfirmed
- Diesel prices are hitting record highs as the Middle East conflict intensifies.
- The administration previously considered using the Defense Production Act to address the reduction in refineries.
What to watch next
- Official administration announcements regarding Defense Production Act usage
- Data on refinery capacity utilization rates
- Midterm election polling regarding fuel price sentiment
confidence 80%Sources used for this update (2)
- www.newsweek.com — Why Trump’s Diesel Fix Needs Refining
- www.wsls.com — Skyrocketing diesel prices rattle Republicans as midterms approach
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Trump refinery push faces hurdles as capacity limitations persist
President Donald Trump is urging oil executives to reopen idle plants, expand current facilities, and construct new refineries to reduce consumer fuel costs and strengthen energy security. The administration previously considered using the Defense Production Act to address a multi-decade reduction in operating refineries, which have dropped to roughly half their 1982 count. No large new domestic refinery has been constructed since 1977. While the administration pursues these supply increases, critics and analysts argue that new facilities may fail to lower pump prices because current domestic refineries already operate close to maximum capacity.
Why it matters
The United States faces a long-term contraction in refining infrastructure that limits the country's ability to process crude oil into consumer fuels. Although the administration meets with industry leaders to counter this trend, building large-scale energy infrastructure requires overcoming decades of stagnation. Analysts question whether expanding capacity will yield lower prices at the pump given existing operational constraints across the domestic fleet.
What is confirmed
- President Donald Trump is pressing oil executives to reopen idle plants, expand existing ones, and build new refineries.
- No large new U.S. refinery has been built since 1977.
- The operating refinery fleet is about half the 1982 count.
What to watch next
- Decisions by oil executives regarding potential refinery expansions or the reopening of idle plants
- Further administration actions involving the Defense Production Act to boost refining capacity
confidence 100%Sources used for this update (3)
- seekingalpha.com — Weekly Commentary: Walked The Walk
- tankterminals.com — Why Trump’s effort to build more refineries won’t lower gas prices
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Trump administration weighs Defense Production Act for refinery expansion
The Trump administration is considering the Defense Production Act to increase U.S. oil refining capacity in an effort to lower fuel costs for consumers. President Donald Trump has met with oil executives to address a multi-decade decline in the number of operating refineries. While the administration seeks to boost supply, analysts and critics argue that additional facilities may not reduce pump prices because existing domestic refineries are already operating near their maximum capacity.
Why it matters
U.S. refining capacity has declined for several decades. The current strategy attempts to use emergency federal powers to reverse this trend. The outcome depends on whether new capacity can outpace demand and overcome current operational ceilings.
What to watch next
- Official announcement of Defense Production Act invocation for refineries
- Reports on specific refinery sites selected for expansion
- Updated capacity utilization data from domestic refineries
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Trump Refinite Push Faces Skepticism Over Gas Prices
The Trump administration is exploring the use of the Defense Production Act to expand United States oil refining capacity and lower consumer fuel costs. President Donald Trump summoned oil executives to the White House to reverse a decades-long decline in operating facilities. However, analysts and critics question whether building additional refineries will actually reduce prices at the pump, noting that current domestic facilities already operate near maximum capacity.
Why it matters
Past administrations have faced similar challenges when attempting to influence retail fuel prices through domestic supply interventions. Existing oil refineries run close to their limits, raising questions about the practical impact of new construction. This latest push highlights ongoing political friction over energy costs and industrial policy.
What is confirmed
- The Trump administration is weighing how to use the Defense Production Act to expand United States oil refining capacity and boost fuel supply.
- President Donald Trump summoned oil executives to the White House to reverse the decades-long decline in operating refineries.
What to watch next
- Decisions by the Trump administration on invoking the Defense Production Act.
- Any formal commitments or announcements from oil executives following the White House meetings.
- Market data regarding domestic refinery capacity utilization rates.
confidence 100%Sources used for this update (4)
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White House Considers Defense Production Act to Expand Refineries
The Trump administration is weighing how to use the Defense Production Act to expand United States oil refining capacity and boost fuel supply. President Donald Trump aims to reverse the decades-long decline in operating refineries to lower gas prices, recently summoning oil executives to the White House for this push. However, critics and analysts question whether building more refineries will actually reduce consumer costs at the pump, as current domestic facilities operate near maximum capacity.
Why it matters
This policy push arrives as net long positions in West Texas Intermediate crude oil reach a 20-week high and oil price pressures mount ahead of midterm elections. The administration faces a structural supply squeeze where the existing refining network is maxed out, prompting officials to look beyond traditional market tools to force capacity expansion.
What is confirmed
- The Trump administration is considering invoking the Defense Production Act to expand United States oil refining capacity and boost fuel supply.
- President Donald Trump wants to reverse the decades-long decline in the number of United States refineries in operation and recently called oil executives to the White House to make that push.
- Net long positions in WTI crude oil hit a 20-week high.
Still unconfirmed
- Building more oil refineries will successfully lower gas prices for consumers.
What to watch next
- Official White House announcements regarding the formal invocation of the Defense Production Act.
- Responses and commitments from oil executives regarding refinery expansion plans.
confidence 90%Sources used for this update (11)
- oilprice.com — White House Weighs Defense Production Act as U.S. Refineries Maxed Out
- Reuters — EXCLUSIVE: White House weighs how to use Defense Production Act to expand US oil refining capacity, sources say
- Moomoo — As net long positions in WTI crude oil hit a 20-week high, the Trump administration is considering invoking the Defense Production Act to expand refining capacity.
- Energy Intelligence — White House Eyes Defense Production Act to Boost Fuel Supply
- marketscreener.com — White House Looking to Expand US Oil Refining Capacity
- CNN — Why Trump’s effort to build more refineries won’t lower gas prices
- 富途牛牛 — Oil price alarm bells ring ahead of midterm elections! White House considers rare move to invoke Defense Production Act to expand refining capacity
- www.briefs.co — Top AI Lab Chiefs Say It's Time To Tap The Brakes On Frontier Models
- www.egyptindependent.com — Why Trump’s effort to build more refineries won’t lower gas prices
- tass.com — European gas price tops $1,000 first time since Dec 2022
- tass.com — Russian forces encircling Ukrainian troops in Druzhkovka, DPR — expert
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