Donald Trump has agreed to a five-day pause in US strikes on Iran’s energy infrastructure to pursue negotiations, according to recent reports quoting his Truth Social account.
The United States and Iran have already conducted “productive” discussions aimed at de-escalating military action in the Middle East. The US Department of Defense was instructed to suspend attacks for five days if talks remain constructive. However, Iranian media linked to the Revolutionary Guard denied any negotiations with Trump, labeling his actions as weakness in the face of Iranian retaliation.
This development had an immediate impact on oil markets. Attacks on Russian and Iranian oil infrastructure led to the suspension of exports from key ports, causing global oil prices to drop. Trump stated that prices could fall below $100 per barrel, potentially dealing a financial blow to Russia.
Tensions remain high: Iran's reaction casts doubt on the success of peace efforts, while the risk of renewed escalation persists. Some international actors may seek to disrupt a potential settlement to maintain higher oil prices or export volumes.
Ukraine closely monitors these negotiations and their effects on the Russian economy and domestic politics, especially as internal political tensions and strategies against Russian threats continue to develop.
