# Oil falls after Trump declares Russia-Ukraine ‘energy ceasefire’

https://mins.news/en/item/95782

- CNBC, 2026-10-12 02:23 UTC
- Economy
- Original: https://www.cnbc.com/2026/10/12/oil-prics-today-iran-us-saudi-arabia-crude-.html

> Oil prices fell after Trump announced an “energy ceasefire” between Russia and Ukraine. Reports that Iran had offered to mediate between Yemen’s Houthis and Saudi Arabia also helped push prices lower.

## Related coverage

- [Stocks rise as oil tumbles after Trump hails ‘energy ceasefire’](https://mins.news/en/item/95847) — euronews, 2026-10-12
- [Trump claims Russia and Ukraine agree to energy ceasefire](https://mins.news/en/video/95704) — NBC News, 2026-10-11
- [Russian lawmaker questions Trump’s energy ceasefire claim, suggesting oil prices may be the motive](https://mins.news/en/item/95556) — The Kyiv Independent, 2026-10-11
