Trump and Putin agree on energy and infrastructure ceasefire in Ukraine conflict
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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.
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