US EditionWith lower oil prices, Putin eager to settle Ukraine’s war -Trump
- U.S. President Donald Trump stated on May 5 that lower oil prices have put Russia in a position to settle its war in Ukraine.
- This view reflects Russia's growing willingness to negotiate following a roughly $15 per barrel drop in oil prices since early 2025, amid heavy military costs and Western sanctions.
- Russia's Kremlin spokesman Dmitry Peskov denied oil prices affect national security and affirmed Russia's commitment to OPEC+ oil production management despite rising production expected in June.
- OPEC announced a production increase three times larger than forecasts, further pressuring oil prices that drive nearly 30% of Russia's January-February budget, said Trump during the Oval Office briefing.
- The oil price decline coupled with sanctions may strain Russia's war funding and increase pressure to negotiate an end to the Ukraine conflict, though Moscow demands halt to foreign military aid.
43 Articles
43 Articles
Trump takes Russia on oil slack: EADaily
EADaily, May 7th, 2025. US President Donald Trump said that with a decline in oil prices, Russia is becoming more inclined to resolve the conflict as soon as possible. Ukraine. National interests are above raw material prices, the Kremlin responded. The Ministry of Finance of Russia estimates that this year the reduction of oil and gas revenues from the planned may be at the level of 2.
With lower oil prices, Putin eager to settle Ukraine’s war -Trump
President Donald Trump of the United States said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin was more inclined towards peace after the recent fall in the price of oil. Trump said this while addressing reporters in the Oval Office on Monday. “I think Russia with the price of oil right now, oil has gone down, we are in a good position to settle, they want to settle. Ukraine wants to settle,” he said.…
Malay Mail
AlKhaleej TodayFalling oil prices make Putin more willing to end Ukraine war, Trump says
MOSCOW, May 6 — US President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin was more inclined towards peace after the recent fall in the price of oil. “I think Russia with the price of oil right now, oil has gone down, we are in a good position to settle, they want to settle. Ukraine wants to settle,” Trump told reporters in the Oval Office yesterday. The price of oil — which drives …
Trump says falling oil prices mean Russia 'wants to settle' a peace deal in Ukraine
U.S. President Donald Trump said on May 5 that Russia has grown more willing to negotiate an end to its war against Ukraine following a sharp decline in oil prices. "I think Russia, with the price of oil right now, oil has gone down, we are in a good position to settle, they want to settle. Ukraine wants to settle," Trump told reporters in the Oval Office.Oil and gas revenues accounted for nearly 30% of Russia's budget in January and February, a…
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