Trump Announces Energy Ceasefire Between Russia and Ukraine as Zelensky Expresses Surprise

Financial and energy commodity markets showed minimal reaction following an announcement by Donald Trump of an immediate energy ceasefire between Russia and Ukraine. Ukrainian President Volodymyr Zelensky said the news came unannounced to his administration but stated Ukraine would accept an energy infrastructure ceasefire if confirmed by Russia. The development follows an agreement enabling Russia to export over 300,000 tons of diesel immediately with temporary U.S. Treasury sanctions relief, aimed at easing global fuel disruptions and halting mutual strikes on energy infrastructure.