- Trump announced an energy ceasefire between Russia and Ukraine on Sunday, Oct 11, 2026, to lower fuel costs ahead of the US midterm elections.
- Zelenskyy welcomed the energy ceasefire but said Russia is unwilling to accept it, citing continued drone attacks on Ukrainian energy targets.
- Russia attacked Naftogaz gas production infrastructure in Kharkiv region overnight, causing a fire at the facility, according to the company.
- The Kremlin said contacts are ongoing on an energy ceasefire and that it would provide more information in due course.
- Former IEA oil head Neil Atkinson said the diesel supply deal Trump announced on Friday is not market moving.
- Saudi Arabia said on Monday it was dealing with new drone and cruise missile attacks after weekend strikes on Riyadh airport.
- India's capital is bracing for a third straight day of tensions, with opposition parties planning a march to the Supreme Court over a contested voter roll revision.
Quotes
“It is increasingly evident that Russia is unwilling to accept an energy ceasefire proposed by the United States and intends to continue its terrorist air attacks against our people and communities”
“Effective immediately, there is an ENERGY CEASEFIRE in the War between Russia and Ukraine. Both parties have agreed. Do not break it!”
“The deal that's been agreed is not really market moving in any significant way.”