Live: Oil prices fall after Trump unilaterally announces Russia-Ukraine 'energy ceasefire'
TITLE: Oil Markets Retreat Following Trump Energy Ceasefire Declaration
On Monday, global financial markets experienced a notable shift as crude oil valuations dropped sharply. This downward trend followed a unilateral statement from United States President Donald Trump, who claimed that an energy ceasefire had been established between the warring nations of Russia and Ukraine. While the news sent ripples through the energy sector, the announcement appeared to lack prior coordination with the primary combatants, leading to a mix of confusion and cautious optimism across international capitals.
Oil Prices Tumble after Trump Announcement
On Monday, the global financial landscape reacted sharply to political developments in Washington. Most major stock markets trended upward as investors processed the news of a potential de-escalation in the ongoing conflict. The most significant movement occurred in the energy sector, where crude oil
Source: france24.com · 2026-10-12