“Effective immediately, there is an ENERGY CEASEFIRE in the War between Russia and Ukraine,” said President Trump on Truth Social Sunday morning. “Both parties have agreed. Do not break it!”
Reporting for Axios, Barak Ravid said Ukrainian President Zelensky told him, “The ceasefire announcement was news for me. But if Russians agree to an energy ceasefire, Ukraine will agree.”
A few minutes later on X, Zelensky appeared more positive: “Ukraine supports the ceasefire, and it is important that Russia support it as well. We are awaiting details from the American side. For our part, Ukraine always FULLY supports steps toward de-escalation, the protection of lives, and the decisions needed to end the war and guarantee lasting peace
This is the second time President Trump has made a similar announcement, noted Bloomberg’s Javier Blas.
Markets initially showed no reaction to the Trump posting, with both oil and crypto remaining near flat from Friday. Things began moving, however, after the Zelensky tweet, with bitcoin gaining more than 1% to $83,900.
