President Donald Trump's efforts to secure an energy ceasefire between Russia and Ukraine remain unresolved despite his September announcement that both countries had agreed to suspend strikes on energy targets.
Moscow welcomed the proposal but called for sanctions relief, while Kyiv sought guarantees that Russia would stop attacking Ukrainian energy facilities.
On October 11, Ukrainian President Volodymyr Zelensky reiterated that Ukraine would halt attacks on Russian oil refineries if Moscow stopped targeting Ukraine's energy infrastructure.
Zelensky emphasized that any de-escalation must be reciprocal and backed by credible guarantees.
The renewed discussion follows Trump's diesel supply agreement with Russian President Vladimir Putin, which has drawn criticism from Kyiv and European allies.
What to watch
Investors should monitor whether Moscow formally accepts a reciprocal ceasefire, whether attacks actually stop, and whether damaged Russian refineries can recover production.
Even a successful agreement may take months to translate into meaningful increases in global diesel supplies.