Trump and Putin agree on energy and infrastructure ceasefire in Ukraine conflict
Trending Articles- Gold jumps over 2% toward $5,400 after US, Israel attack Iran
- Senate to vote on Trump’s pro-Bitcoin Fed pick as BTC hits four-week high
- Strait of Hormuz Blockade: JPM Warns Crude Production May Halt After 25 Days. How Will US-Iran Conflict Trajectory Affect Global Oil Prices?
- Gold slumps below $5,100 as US Dollar gains
- WTI Price Forecast: Retreats from seven-month top, still well bid near $71.00 mark
- WTI climbs back closer to $72.00 as closure of Strait of Hormuz fuels supply concerns
US President Donald Trump and Russian President Vladimir Putin on Tuesday agreed to an immediate pause in strikes against energy infrastructure in the Ukraine war. Trump’s post echoed the Kremlin, stating that Putin promised to stop attacking each other's energy infrastructure for 30 days. However, the Russian leader declined to sign up for the comprehensive month-long ceasefire that Trump's team recently worked out with Ukrainians in Saudi Arabia.
“We agreed to an immediate ceasefire on all energy and infrastructure,” Trump wrote in a Truth Social post after his call with Putin.
Market reaction
At the time of writing, the Gold price (XAU/USD) is trading 0.07% lower on the day to trade at $3,032.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
