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Yahoo
9 minutes ago
- Yahoo
Oil markets seen bearish after Trump-Putin Alaska meeting
By Seher Dareen LONDON (Reuters) -Oil markets are set for a muted price reaction when they open on Sunday after U.S. President Donald Trump's and Russian leader Vladimir Putin's meeting in Alaska, at which Trump said a fully-fledged peace deal was the aim for Ukraine rather than a ceasefire. Trump said he had agreed with Putin that negotiators should go straight to a peace settlement - not via a ceasefire, as Ukraine and European allies, until now with U.S. support, have been demanding. Trump said he would hold off imposing tariffs on countries such as China for buying Russian oil following his talks with Putin. He has previously threatened sanctions on Moscow and secondary sanctions on countries such as China and India that buy Russian oil if no moves are made to end the Ukraine war. "This will mean Russian oil will continue to flow undisturbed and this should be bearish for oil prices," said ICIS analyst Ajay Parmar. "It is worth noting that we think the impact of this will be minimal though and prices will likely see only a small dip in the very near term as a result of this news." The oil market will wait for developments from a meeting in Washington on Monday between Trump and Ukrainian President Volodymyr Zelenskiy. European leaders have also been invited to the meeting, a source familiar with the matter told Reuters. "Market participants will track comments from European leaders but for now Russian supply disruption risks will remain contained," said Giovanni Staunovo, analyst at UBS. Brent settled at $65.85 a barrel on Friday, and U.S. West Texas Intermediate at $62.80 - both down nearly $1 before the talks in Alaska. Traders are waiting for a deal, so until that emerges, crude prices are likely to be stuck in a narrow range, said Phil Flynn, a senior analyst with Price Futures Group. "What we do know is that the threat of immediate sanctions on Russia, or secondary sanctions on other countries is put on hold for now, which would be bearish," he said. After the imposition of Western sanctions, including a seaborne oil embargo and price caps on Russian oil, Russia has redirected flows to China and India.
Forbes
11 minutes ago
- Forbes
Trump-Putin Meeting Details Were Left In A Hotel Printer In Alaska, Report Says
Several documents with U.S. State Department markings revealing undisclosed details about President Donald Trump's meeting with Russian President Vladimir Putin were discovered in an Alaska hotel, NPR reported Saturday, including locations and meeting times of the summit and contact information for U.S. officials. One of the documents indicated Trump planned to give the Russian president an 'American Bald Eagle Desk Statue.' Getty Images Three guests at Hotel Captain Cook in Anchorage, Alaska, located near the Joint Base Elmendorf-Richardson where Putin and Trump convened, found eight pages that appeared to be produced by State Department officials in one of the hotel's public printers, NPR reported, citing images of the documents. The first page detailed the sequence of meetings between Russian and U.S. officials on Friday, including the names of rooms inside the Anchorage base, and that Trump planned to give Putin an 'American Bald Eagle Desk Statue.' Other pages featured the names and phone numbers of three U.S. government staff members, the names of U.S. and Russian state leaders and their phonetic pronunciations, while pages six and seven described how lunch—held in 'honor of his excellency Vladimir Putin'—would be served at the summit. The White House did not immediately respond to a request for comment. The first document indicated a joint press conference between Trump and Putin was scheduled to last for one hour between 3:30 p.m. and 4:30 p.m. local time. The press conference concluded after roughly 12 minutes. What To Watch For Ukrainian President Volodymyr Zelensky said Saturday he would meet with Trump in Washington, D.C., on Monday, though specifics about the meeting have not been announced. Trump wrote on Truth Social another meeting would be scheduled with Putin 'if all works out' with Zelensky, who has requested involvement in peace talks. Trump said he was optimistic he and Putin were 'going to make a deal' during their Alaska summit. After their meeting, Trump said no peace deal was reached between Russia and Ukraine, suggesting he and Putin made 'headway' and 'great progress' in their discussions. Putin told reporters that Russia still held concerns in Ukraine that needed to be addressed before peace could be achieved. Trump previously said Russia would face 'economically severe' consequences if Putin failed to make progress toward a ceasefire agreement. Trump said Saturday a 'mere ceasefire agreement' was no longer the goal in peace talks, claiming it was 'determined by all' that the 'best way' to end Russia's war with Ukraine 'is to go directly to a peace agreement.' Some Ukrainian officials criticized Trump's shifting away from a ceasefire deal as siding with Putin's demands. Further Reading Forbes Trump Will Meet Zelensky In D.C. Monday After Alaska Meeting With Putin By Ty Roush
CNN
11 minutes ago
- CNN
What to expect from Zelensky-Trump meeting
What to expect from Zelensky-Trump meeting President Trump will meet with Ukrainian President Volodymyr Zelensky on Monday after the two leaders had a 'long and substantive conversation.' A European official told CNN that during the call they also discussed potential 'Article 5-type' security guarantees for Ukraine. CNN's Nick Paton Walsh reports. 01:46 - Source: CNN Trump-Putin summit ends with no deal US President Donald Trump said he and Russian President Vladimir Putin 'made some headway' and 'great progress' in their bilateral meeting, but added that 'there's no deal until there's a deal.' 01:15 - Source: CNN Putin makes faces as journalists ask about Ukraine Russian President Vladimir Putin did not respond to reporters' questions about the war in Ukraine as his meeting with President Donald Trump and top aides was set to begin. Putin appeared to make a confused expression as multiple journalists began shouting questions. 00:13 - Source: CNN Trump and Putin land in Alaska for historic summit US President Donald Trump and Russian President Vladimir Putin arrived at a US military base in Alaska where the two leaders took part in a red carpet greeting ahead of their talks on Ukraine. As both leaders met on the tarmac, a flyover of American military planes passed overhead, including fighter jets and what appeared to be a B-2 stealth bomber. 00:59 - Source: CNN Former Ukrainian FM explains what Putin's 'land swap' proposal means Former Ukrainian Foreign Minister Dmytro Kuleba spoke with CNN's Christiane Amanpour about Russian President Vladimir Putin's proposed "land swap" with Ukraine ahead of the summit in Alaska between President Donald Trump and the Russian leader. 02:00 - Source: CNN Putin praises Trump for 'sincere' efforts to end war Russian President Vladimir Putin praised the Trump administration's 'energetic and sincere' efforts to stop the war in Ukraine and hinted that Moscow and Washington could strike a deal on nuclear arms control during their summit on Friday in Alaska. 01:37 - Source: CNN Russia and Ukraine exchange prisoners before Trump-Putin meeting 84 Ukrainian prisoners and 84 Russian servicemen were exchanged on Thursday, ahead of Russian President Vladimir Putin's meeting with President Donald Trump in Alaska. The exchange, mediated by the United Arab Emirates, included Ukrainian POWs held captive since 2014, according to Ukrainian officials. 01:26 - Source: CNN Zelensky arrives in Berlin ahead of Trump-Putin summit Ukrainian President Volodymyr Zelensky is in Berlin for high-level talks with European leaders and President Trump, just days before Trump's face-to-face meeting with Russian President Vladimir Putin in Alaska. The virtual meeting is seen as a strategic move to shape Trump's stance ahead of the historic sit-down. 00:36 - Source: CNN Heavy rain shuts down airport in Mexico City Heavy rain on Sunday caused flooding and traffic disruptions in several areas of Mexico City. The rain forced suspension of activities at the Benito Juárez International Airport in Mexico City for the second time in a row on Tuesday, airport officials reported. 00:35 - Source: CNN Gaza's journalists who never quit Journalists in Gaza have continued reporting under extraordinary conditions—amid danger, displacement, hunger, and personal loss. With international media barred from entering, their work has been the world's only window into the war. Anas Al-Sharif, with Al Jazeera, was among those killed in a recent targeted attack. CNN Producer Abeer Salman reflects on the risks these journalists have taken and the stories they've reported on for the world to see. 02:30 - Source: CNN Can hockey help heal US-Russia relations? Ahead of Presidents Trump and Putin meeting in Alaska this week, Russian hockey stars tell CNN's Fred Pleitgen they hope sport could help bring the two nations -- and people -- closer. 01:38 - Source: CNN Journalists killed in targeted Israeli strike on Gaza Al Jazeera correspondent Anas Al-Sharif was killed in a targeted strike in Gaza on Sunday alongside multiple other journalists. The Israeli military accused Al-Sharif of leading a Hamas cell, an allegation Al-Sharif had previously denied. 01:50 - Source: CNN Australia will recognize Palestine in September Australian Prime Minister Anthony Albanese announced on Monday that Australia will recognize a Palestinian state at the General Assembly of the United Nations in September. Australia joins the UK, France and Canada in announcing plans to recognize a Palestinian state. The move leaves the US increasingly isolated from some of its closest allies in its defense of Israel's escalating military campaign that's decimated the besieged enclave after almost two years of war. 00:29 - Source: CNN Wildfires rage across Europe amid heatwaves Wildfires have been raging across Europe over the past few days, with several countries, such as Italy and Spain, experiencing severe heatwaves. 00:48 - Source: CNN Gazan boy struck and killed by falling aid A 14-year-old boy was killed by an airdropped aid package in Gaza on Saturday, according to Al-Awda hospital. The UN has warned that airdrops of aid are ineffective, expensive and dangerous in heavily populated areas. 01:30 - Source: CNN Hundreds arrested at Palestine Action protest In the UK, hundreds have been arrested by London police for protesting the British government's decision to ban the group Palestine Action under anti-terrorism laws. The group, which opposes weapons sales to Israel, is challenging the ban. Earlier, police had cautioned they would arrest anyone showing support for the proscribed group. CNN's Isobel Yeung reports. 01:26 - Source: CNN Ukrainians in Kyiv react to Trump-Putin meeting in Alaska As US President Donald Trump and Russian President Vladimir Putin prepare to meet in Alaska to discuss a potential end to the war in Ukraine, residents in Kyiv told CNN how they felt about the meeting that, so far, excludes Ukrainian President Volodymyr Zelensky. 00:43 - Source: CNN Israelis protest Netanyahu's Gaza policies CNN's Matthew Chance is in Tel Aviv, where thousands of protesters are gathering to call on the Israeli government to end the war in Gaza 01:49 - Source: CNN Inside a military raid deep in Ecuador's gang territory CNN follows a military raid in Duran, Ecuador as they go door to door deep inside gang territory. Senior National Correspondent David Culver is with the authorities as they seize drugs, uncover explosive devices, and make a gruesome discovery. Watch 'Ecuador: The Narco Superhighway' on 'The Whole Story with Anderson Cooper' Sunday August 10 at 9pm ET on CNN. 01:55 - Source: CNN Ukrainians in Kyiv react to Trump-Putin meeting in Alaska As US President Donald Trump and Russian President Vladimir Putin prepare to meet in Alaska to discuss a potential end to the war in Ukraine, residents in Kyiv told CNN how they felt about the meeting that, so far, excludes Ukrainian President Volodymyr Zelensky. 00:43 - Source: CNN Analysis: Why Alaska signals a slow defeat for Ukraine President Donald Trump said he'll be meeting with Russian President Vladimir Putin in Alaska to discuss a potential peace deal to end the war in Ukraine that could include 'some swapping of territories.' But as CNN's Nick Paton Walsh explains, the conditions around Friday's summit so wildly favor Moscow, it's hard to see how a deal emerges that does not eviscerate Ukraine. 01:18 - Source: CNN Zelensky rejects territorial concession with Russia Ukraine's President Volodymyr Zelensky said in a video address after President Trump's announcement to meet with Russian President Vladimir Putin that Ukraine is "ready to work together with President Trump," but quashed the idea of any territory concessions. 01:22 - Source: CNN Israel 'brutally determined' to capture Gaza in new escalation plan Prime Minister Benjamin Netanyahu's military escalation in Gaza, which he claims will capture the city and eliminate Hamas, brings doubtful Israeli citizens to the streets in protest. Palestinians in Gaza scramble for safety and brace for impact as the war intensifies. 02:33 - Source: CNN Balcony collapses in Gaza under weight of crowd scrambling for aid As Palestinians rushed toward an aid package airdropped in Gaza City, a balcony collapsed under the weight of the crowd. It is not clear how many people were injured in this incident. 00:41 - Source: CNN Palestinians and Israelis react to plan to take over Gaza City Israel's security cabinet has approved a plan to take over Gaza City. The deadline for the first phase of the offensive is October 7, according to an Israeli source. Hear how Israelis and Palestinians have reacted to Prime Minister Benjamin Netanyahu's plans for occupation. 01:52 - Source: CNN
