Experts: Energy truce between Ukraine and Russia will not lower price of oil

Estonian experts say an energy infrastructure truce between Ukraine and Russia would have limited impact on global oil prices. They believe that restoring oil flows through the Strait of Hormuz would have a far greater impact on global markets.

The conflict between Ukraine and Russia continues to escalate, with recent Russian drone attacks targeting areas close to the Ukraine-Poland border. Poland has pledged a non-provocative but serious response to Moscow, with Polish Deputy Prime Minister and Defense Minister Wladyslaw Kosiniak-Kamysz stating that support for Ukraine is part of Poland's reason of state.

There have been reports of a potential agreement between Moscow and Kyiv not to target each other's energy infrastructure, but no deal has been confirmed, and strikes have continued. Ukrainian Prime Minister Serhiy Koretsky has discussed support for Ukraine's energy system with Japanese officials, thanking Japan for its solidarity and comprehensive support, which has exceeded $20 billion since the start of the full-scale Russian invasion.

Brief written by urgent.news from ERR News Estonia, DW English (Top Stories), DW News, Euronews, Interfax-Ukraine — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.