Kremlin rejects a 60-day ceasefire and is silent on Trump’s “energy ceasefire”; Ukraine says Russia keeps striking, and US senators question the diesel deal
Trump announced on Sunday that Russia and Ukraine had agreed to halt strikes on each other’s energy sites. On Monday the Kremlin rejected Zelensky’s idea of a 60-day ceasefire, said it wants an overall peace deal and was silent on the energy truce (Reuters, Straits Times). Ukraine accused Russia of violating the truce while the EU adopted nearly 1,600 new sanctions listings (Reuters, Straits Times). Seven US senators from both parties said Trump’s Russian diesel deal may be illegal, and Trump defended it (NST, IOL, CNBC).
Energy infrastructure drives oil, diesel and electricity prices worldwide. A real truce could ease fuel costs, while a collapsing one keeps them volatile.
Pump prices in the Philippines follow world fuel markets with a lag. Tuesday’s mixed adjustment, with diesel down and gasoline up, shows how uneven the effect is.
Supporters say any pause in energy strikes is worth testing.
Sceptics say an unconfirmed truce, announced without Moscow’s agreement, changes little and may be legally questionable.
Treat ‘ceasefire’ as unconfirmed until Moscow says so in its own words. Watch the Kremlin’s answer and whether strikes on refineries and power plants stop.
DailyDrop Philippines edition No. 9 · Morning · TUE., OCT. 13, 2026