No Energy Truce, Trump’s Claim Unfounded

Both Kyiv and Moscow have flatly rejected any notion of an energy truce, despite US President Donald Trump’s recent assertions that a deal was on the table. The Kremlin called the idea “a very good one” but warned that any agreement would barely move fuel markets, echoing Trump’s own scepticism about its impact. The denial comes as the war continues to choke European gas supplies and push oil prices higher, keeping energy security front-and-centre of diplomatic talks. With no formal pact in sight, analysts say the market will stay volatile and policymakers must look elsewhere for relief. Meanwhile EU leaders are scrambling for alternative supplies, while Russia hints it could leverage the stalemate for geopolitical gain.

Energy markets stay jittery, so investors, businesses and governments should monitor price swings and consider hedging strategies or diversifying supply chains to cushion potential shocks.

The absence of a truce means Europe's scramble for stable gas and oil supplies intensifies, feeding higher prices and political pressure on both NATO and Moscow. Without a clear agreement, the conflict's energy fallout will continue to ripple through global markets, influencing inflation and energy policy debates worldwide.