Oil prices fell after Zelenskyy announced work on a US peace plan.
Crude oil prices declined after Volodymyr Zelenskyy stated he had consented to collaborate on a proposed US initiative aimed at resolving the dispute with Russia.
This information is according to Bloomberg.
The cost of West Texas Intermediate crude dipped 0.3% on Thursday morning, settling around $59 per barrel, subsequent to Zelenskyy’s declaration that Ukraine was prepared to cooperate with the United States and Europe on a peaceful resolution.
As per media outlets, this accord encompasses the cessation of anti-Russia penalties.
