Most stock markets rose Monday as oil prices tumbled after US President Donald Trump announced an alleged “energy ceasefire” between Russia and Ukraine, sparking astonishment from Kyiv and silence from Moscow. Trump’s Ukrainian counterpart President Volodymyr Zelensky said he was seeking further details of the announcement. Follow our liveblog for all the latest developments.
Russia strikes vessel near Ukraine’s port of Odesa
Russia’s military has struck a vessel it alleged was carrying “military cargo” to Ukraine’s port of Odesa, Russia’s Defence Ministry said.
Oil prices fall after Trump unilaterally announces ‘energy ceasefire’ between Kyiv and Moscow
Most stock markets rose Monday as oil prices tumbled after US President Donald Trump announced an “energy ceasefire” between Russia and Ukraine.
Both main crude contracts sank more than one percent following Trump’s declaration, even as it sparked astonishment in Kyiv, which also said Moscow had struck multiple power plants in the country.
Ukrainian President Volodymyr Zelensky said he was seeking further details of the announcement, but added that “Ukraine supports the ceasefire, and it is important that Russia support it as well”.
