World · Europe · 1 hr ago

Oil prices fall after Trump announces Russia-Ukraine energy ceasefire

US President Donald Trump announced an energy ceasefire between Russia and Ukraine.

Oil prices fell after the announcement, while most stock markets rose on Monday.

The announcement drew astonishment in Kyiv, and Moscow did not respond.

Ukrainian President Volodymyr Zelensky said he was seeking more details.

The announcement concerns energy-related hostilities between the two countries, but the details were not clear.

The market reaction shows that the announcement affected oil prices and investor sentiment.

Zelensky was seeking further information, and no next steps were given.

Sources

France 24 · 1 hr ago