Business & Economy · Euronews · Business

Oil prices drop as stocks rise after Trump touts 'energy ceasefire'

2026-10-12T04:04:28.000Z

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From Euronews · Business

Most stock markets rose early Monday as oil prices fell after Donald Trump announced an "energy ceasefire" between Russia and Ukraine, which offset a fresh wave of Houthi attacks on Saudi Arabia.

Donald Trump's mug shot — Photo: Fulton County Sheriff's Office, State of Georgia / Wikimedia Commons, Public domain

Behind this report

News desk: Business & Economy
Published: 2026-10-12T04:04:28.000Z
Linked source records: 1

The available source material is a short summary. Check the linked reports for the full detail.

People: Donald Trump

Places: Russia, Ukraine, Saudi Arabia

Topics: Conflict, Markets

Sources and further reading

Euronews · Business — Oil prices drop as stocks rise after Trump touts 'energy ceasefire'