Russia and Ukraine Trade Strikes as Trump-Brokered Energy Ceasefire Collapses

A US-brokered 'energy ceasefire' between Russia and Ukraine has collapsed, with both sides resuming strikes on energy infrastructure, The Guardian reported. Moscow sent swarms of drones to attack infrastructure in central Ukraine, while Ukrainian President Volodymyr Zelenskyy said Kyiv would restart strikes on Russian oil refineries.

The arrangement, associated with Donald Trump, had been intended to halt attacks on energy targets. Its breakdown marks a return to tit-for-tat strikes on the infrastructure that underpins both countries' war economies.

The renewed Russian drone campaign targeted infrastructure in central Ukraine, according to the report. Zelenskyy's statement that Ukraine will restart strikes on Russian oil refineries signals that Kyiv intends to match Moscow's escalation with its own long-range campaign against Russian energy assets.

The collapse of the energy truce removes a rare point of restraint in the conflict and raises the prospect of sustained attacks on refineries, power stations and related infrastructure on both sides. For investors, the renewed targeting of Russian oil refineries carries implications for refined product markets, while attacks on Ukrainian infrastructure pose risks to the country's energy system and economy.

The report did not specify the number of drones used, the extent of damage, or a timeline for the renewed Ukrainian strikes. It also did not detail the terms of the original ceasefire or the circumstances of its collapse beyond the resumption of hostilities.