Netanyahu indicates he's open to a ceasefire deal that would return all of his country's hostages
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Yahoo
15 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.
The Hill
16 minutes ago
- The Hill
State Department halts Gaza visitor visas
The State Department on Saturday said it would halt Gaza visitor visas to the U.S. 'All visitor visas for individuals from Gaza are being stopped while we conduct a full and thorough review of the process and procedures used to issue a small number of temporary medical-humanitarian visas in recent days,' the department wrote in a Saturday statement on the social media platform X. The Hill has reached out to the State Department for additional comment. The move comes a week after President Trump refrained from criticizing Israeli leaders' efforts to ramp up strikes and increase control in Gaza. 'I know that we are there now trying to get people fed. … As far as the rest of it, I really can't say. That's going to be pretty much up to Israel,' Trump told reporters in early August, committing to leading humanitarian aid efforts in the war-torn region. Several nations and human rights groups have said starvation is persistent among Gazans, urging countries and organizations to aid in food and resource distribution. In response to on the ground reports, Germany halted military exports to Israel, seeking to dismantle prior support for the use of force in the Gaza Strip. France, Canada and the United Kingdom also expressed concerns with Israeli operations and announced their intent to recognize Palestinian as an independent sovereign state. Seventy to 75 percent of Gaza is under Israeli control, according to Prime Minister Benjamin Netanyahu, who has denied reports about starvation. Netanyahu said the government's plans are to overtake parts of the Gaza Strip, which he said are under the control of Hamas. 'Israel's Cabinet, Israel's security Cabinet, instructed the IDF to dismantle the two remaining Hamas strongholds in Gaza City and the Central Camps,' he added, referring to the Israel Defense Forces (IDF). 'Contrary to false claims, this is the best way to end the war, and the best way to end it speedily.' In Washington, leaders across the aisle have become increasingly critical of Israel and the situation in Gaza. 'We each have to continue to have an open heart about how we do this, how we do it effectively, and how we take action in time to make a difference, whether that is stopping the starvation and genocide and destruction of Gaza, or whether that means we are working together to stop the redistricting that is going on, taking away the vote from people in order to retain power,' House Minority Whip Katherine Clark (D-Mass.) said during a Thursday event, referencing redistricting efforts across the country.
Bloomberg
17 minutes ago
- Bloomberg
Ten Ways to Force Putin Back to the Bargaining Table
Vladimir Putin came to Alaska and got the red-carpet treatment, complete with a fighter- jet flyover and a warm presidential handshake. The state was an ironic location for a summit given Russia's continuing seller's remorse over having sold it to America in the mid-19th century. While expectations were low for a full ceasefire, most observers were hoping for at least a path to negotiations. But as he has for months now, Putin simply continued to play rope-a-dope like a boxer in the ring, ducking both a ceasefire or even a demonstrated willingness to negotiate. A subdued President Donald Trump canceled a planned luncheon to discuss broader economic and security issues with Russia, uncharacteristically refused to take questions, and flew back to DC to ponder next steps.
