Trump Announces Energy Ceasefire Between Russia and Ukraine

President Donald Trump declared that Russia and Ukraine have reached an energy ceasefire. He mentioned that Russia would supply diesel to the global market. Trump shared this announcement on Truth Social, stating, “Effective immediately, there is an ENERGY CEASEFIRE in the War between Russia and Ukraine. Both parties have agreed. Do not break it!”

This announcement followed a previous energy ceasefire in mid-September. At that time, Trump wrote on Truth Social that both nations agreed not to target each other’s energy infrastructure.

The latest development comes after Ukrainian President Volodymyr Zelensky advocated for an energy ceasefire during an interview with ABC News’s “This Week.” Zelensky stated, “The best deal is not to have a war, to stop Putin. But the first step is a ceasefire, an energy ceasefire. OK, if they want an energy ceasefire, we are open for this. Don’t attack us. Don’t kill our children. We will stop attacking your diesel. And I think it’s a fair, fair deal.” Despite the ceasefire announcement, reports indicated that Russia struck a Ukrainian power plant.

On Monday, Zelensky voiced support for the ceasefire to Fox News. However, he expressed uncertainty about whether Russian President Vladimir Putin is ready for such an agreement.

Welcome to The Hill’s Energy & Environment newsletter, I’m Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains.

Essential Reads

How policy impacts the energy and environment sectors now and in the future:

• Oil prices rose on Monday after Iran-backed Houthis attacked two airports in Saudi Arabia over the weekend.
• A federal judge criticized Trump administration lawyers for failing to give adequate notice before removing hundreds of trees in East Potomac Park. She expressed disappointment with the government’s actions.
• Oil analyst Patrick De Haan noted that Trump’s diesel supply agreement with Russia might not lead to lower fuel prices.

What We’re Reading

News flagged from various outlets on energy and environmental topics:

• Florida Panhandle residents assess damage and recover from Isaias (Tampa Bay Times).

What Others are Reading

Two key stories on The Hill right now:

• Minnesota Lt. Gov. Peggy Flanagan leads her GOP opponent, Michele Tafoya, in a new poll on the state’s U.S. Senate race. Read more.
• Gun control advocates have concerns whenever the Supreme Court reviews a case. This term is no exception. Read more.

You’re all caught up. See you tomorrow!