Trump announces 'energy ceasefire', Ukraine says Russian strikes followed within hours
Donald Trump has announced an 'energy ceasefire' between Russia and Ukraine, but Ukraine says Russia launched strikes within hours of the announcement. Euronews reports that the Baltic states remain on alert, and Al Jazeera examines Trump's love-hate ties to Russian oil. Separately, Germany's Wadephul called the new EU sanctions an 'unprecedented' blow to Russia. For companies, the gap between announcement and behaviour is the signal. A ceasefire that exists only on paper leaves refineries, power grids and fuel logistics exposed, and it keeps sanctions and diesel import policy politically unstable. Expect continued volatility in fuel and energy contracts, and further pressure on energy infrastructure around the Baltic. Organisations with energy-intensive operations or Eastern European supply chains should treat the announcement as unverified until both governments confirm terms. Review fuel and backup-power contingencies, check whether suppliers depend on Russian-origin product, and brief site managers on the disruption scenarios that are plausible over the coming week.