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Ukraine's President Zelenskyy says ready for energy ceasefire with Russia

Ukrainian President Volodymyr Zelenskyy said Kyiv remains ready for a bilateral “energy ceasefire” with Russia after holding separate talks with the leaders of the United States (US) and the United Kingdom (UK) in New York City, CNBC reported on Wednesday.

Ukraine's President Zelenskyy says ready for energy ceasefire with Russia

Ukrainian President Volodymyr Zelenskyy expressed readiness for a bilateral "energy ceasefire" with Russia following meetings with US and UK leaders in New York City, according to CNBC. Zelenskyy, speaking to reporters, stated that ending the war was now the top priority, though he was uncertain about Russia's willingness to cease hostilities.

He proposed an energy truce, contingent upon Russia refraining from attacking Ukrainian energy, electricity, heating infrastructure, and water supplies. Zelenskyy cautioned that Russia was planning "a new massive attack" against Ukraine. Meanwhile, West Texas Intermediate (WTI) oil prices surged 2.25% to $91.50 per barrel, reflecting the volatile nature of global energy markets influenced by geopolitical tensions, supply and demand dynamics, and macroeconomic factors such as currency fluctuations and monetary policies.

Written by urgent.news from FXStreet's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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