Oil rebounds past $105 as traders doubt Trump's Russia-Ukraine energy ceasefire

Brent crude prices rose on Monday following reports that Russia struck Ukrainian energy infrastructure despite a declared energy ceasefire. President Volodymyr Zelenskyy stated he was unaware of any such agreement, though he noted he would welcome one, and expressed surprise at US President Donald Trump's announcement that a deal had been reached. Moscow has not confirmed an accord.

Semafor reports that Russia hit several Ukrainian power plants in the hours following Trump's ceasefire declaration, an action cited by Kyiv's supporters as evidence of Moscow's bad faith. In addition to infrastructure attacks, Russia has intensified strikes on civilians and stepped up what European leaders describe as a hybrid warfare campaign.

According to Semafor, the US has agreed to import diesel from Russia to address domestic cost-of-living concerns ahead of midterm elections, despite threatening sanctions on other nations that do so.

French President Emmanuel Macron has questioned the energy ceasefire announced by Donald Trump, according to Le Monde English. Additionally, New Voice of Ukraine reports that conservative political commentator Laura Loomer described a Russian strike on a Kharkiv power plant as a direct sign of disrespect toward Trump.

Brief written by urgent.news from Quartz, Semafor, New Voice of Ukraine, Le Monde English, France 24 — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.