Trump Seeks Ukraine Ceasefire
Analysis based on 9 articles · First reported May 19, 2025 · Last updated May 19, 2025
The diplomatic efforts by Donald Trump to broker a ceasefire in the war in Ukraine could significantly impact global markets, particularly in the energy and defense sectors. A successful ceasefire could lead to a decrease in oil prices and a potential easing of sanctions on Russia, while failure could escalate tensions and maintain market volatility.
Donald Trump is initiating separate phone calls with Vladimir Putin and Volodymyr Zelenskyy on Monday, May 19, 2025, aiming to make progress toward a ceasefire in the ongoing war in Ukraine. Trump hopes to leverage his dealmaking reputation and personal history with Putin to break the impasse. His efforts also include calls to NATO leaders. Previous talks in Turkey ended without a ceasefire, though Ukraine and Russia committed to a prisoner exchange. Trump's treasury secretary, Scott Bessent, warned of additional sanctions against Russia if Putin fails to negotiate in good faith. Meanwhile, Russia launched a large drone barrage against Ukraine, highlighting the continued conflict despite diplomatic pushes. European leaders, including those from Germany, France, the United Kingdom, and Italy, have also consulted with Trump regarding the situation.
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