Trump Claims Energy Ceasefire; Russia Strikes Ukrainian Infrastructure

President Donald Trump announced an energy ceasefire between Russia and Ukraine on Sunday, stating both parties had agreed to the terms.

However, Ukrainian President Volodymyr Zelenskyy said Ukraine was not informed of the agreement beforehand and that Russia immediately renewed strikes on Ukrainian energy assets. Zelenskyy reiterated Ukraine's openness to an agreement not to target enemy energy infrastructure, provided Moscow reciprocates. Russia's Kremlin did not confirm or deny agreeing to a deal. Zelenskyy noted that Russia's response to Ukraine's de-escalatory steps had been nyet.

Oil and gas prices rose Monday following the announcement, with U.S. diesel fuel futures and Brent crude oil futures seeing increases. The average nationwide price of diesel fuel was $6.26 per gallon, nearly 80% higher than at the start of the year. Trump's announcement mirrored a similar claim he made in September, which also did not lead to a slowdown in strikes on energy assets.

Ukrainian officials confirmed they were not informed of the ceasefire before Trump's announcement on Truth Social, though discussions were described as ongoing by Russian officials. Halyna Yusypiuk, a spokeswoman for the Ukrainian Embassy in Washington, stated that Ukraine was not informed beforehand but that their negotiation team came to Miami to discuss it as a possible step forward.

Russia continued strikes, including a drone strike on a power plant in Kharkiv, according to Zelenskyy. The Kremlin's response on Monday neither confirmed nor denied having agreed to a deal.