Oil prices fell sharply as the US, Ukraine, and Russia reached an initial agreement in their first three-way ceasefire talks, raising hopes for an end to the war and increasing downward pressure on WTI crude.
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[New York Oil Price]US, Ukraine, Russia Reach Initial Agreement in First Three-Way Ceasefire Talks—WTI Drops 2%

Oil prices fell sharply as the US, Ukraine, and Russia reached an initial agreement in their first three-way ceasefire talks, raising hopes for an end to the war and increasing downward pressure on WTI crude.

Yonhap Infomax