Live: Oil prices fall after Trump unilaterally announces Russia-Ukraine 'energy ceasefire'
Also reported by Guardian World, CBS News
Summary
President Donald Trump announced an "energy ceasefire" between Russia and Ukraine, causing oil prices to drop and stock markets to rise. Ukraine's President Zelensky expressed surprise and said he wants more information, while Russia has not confirmed the ceasefire.Key Facts
- President Trump declared a unilateral "energy ceasefire" between Russia and Ukraine.
- Oil prices fell by more than one percent after the announcement.
- Stock markets showed gains following Trump's declaration.
- Ukraine’s President Zelensky said he supports the ceasefire but seeks more details and wants Russia to agree.
- Russia has not confirmed or acknowledged the ceasefire.
- European Union officials welcomed the idea but wanted a ceasefire that also ends violence.
- Lithuania’s foreign minister called for the EU to label Russia’s military intelligence as a terrorist group.
- Australia supports the energy ceasefire and urges Russia to end its invasion of Ukraine.
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