Sunday, July 27, 2025

Ceasefire on the Table? U.S., Ukraine, and Russia Discuss Peace in Saudi Arabia

Shutterstock

On Sunday, U.S. and Ukrainian diplomats convened in Saudi Arabia to discuss ending the ongoing conflict in Ukraine.

This is the first time the three countries have gathered to discuss ending the war. However, Russia and Ukraine will not meet face-to-face. Instead, U.S. officials will engage in shuttle diplomacy, facilitating indirect communication between the two parties.

According to The New York Times, U.S. Special Envoy Steve Witkoff stated that the primary objective is to achieve a 30-day ceasefire and use that period for comprehensive discussions on a permanent truce.

Ukrainian Defense Minister Rustem Umerov, leading his country’s delegation, emphasized that the talks would address critical issues such as protecting energy facilities and critical infrastructure. This comes in response to Ukraine’s allegations that Russia has violated previous commitments to cease attacks on energy infrastructure.

Talks between the U.S. and Russia are scheduled to continue on Monday, and further discussions between the U.S. and Ukraine may also occur.

These negotiations follow recent phone conversations between U.S. President Donald Trump, Russian President Vladimir Putin, and Ukrainian President Volodymyr Zelenskyy on March 18 and 19, respectively. During these calls, Trump proposed a 30-day ceasefire to halt attacks on energy infrastructure. Discussions on this issue will take place during these talks.

The meetings are expected to focus on the maritime ceasefire in the Black Sea. This aim is to revive the Black Sea Grain Agreement, which previously opened the export of Ukrainian agricultural products and fertilizers via sea routes.

Hot this week

U.S. Hits Chinese Graphite With 93% Tariff—Your Next EV Just Got Pricier

The U.S. imposes a 93.5% tariff on Chinese graphite, risking a $1,000 increase in EV prices as tax credits end and production costs rise.

Crypto Boom: XRP Soars After Congress Passes Stablecoin Bill

The Stablecoin Act has passed Congress, boosting crypto markets, with XRP hitting a new all-time high and regulatory clarity for stablecoins.

Market Panic? Rich Investors Saw a Bargain, Morgan Stanley Says

Morgan Stanley's profits surged as wealthy clients bought stocks during a market downturn, driven by Trump's tariff announcement.

Oil Prices Keep Dropping as Trade Fears Grow

Oil prices fell for the third consecutive day due to rising U.S. gasoline inventories and trade tensions impacting global demand.

Tesla and BYD Battle for Japan’s Electric Car Crown: Who Will Win?

Tesla and BYD aggressively expand in Japan's EV market, aiming to challenge local automakers amidst low EV adoption rates.

Topics

U.S. Hits Chinese Graphite With 93% Tariff—Your Next EV Just Got Pricier

The U.S. imposes a 93.5% tariff on Chinese graphite, risking a $1,000 increase in EV prices as tax credits end and production costs rise.

Crypto Boom: XRP Soars After Congress Passes Stablecoin Bill

The Stablecoin Act has passed Congress, boosting crypto markets, with XRP hitting a new all-time high and regulatory clarity for stablecoins.

Market Panic? Rich Investors Saw a Bargain, Morgan Stanley Says

Morgan Stanley's profits surged as wealthy clients bought stocks during a market downturn, driven by Trump's tariff announcement.

Oil Prices Keep Dropping as Trade Fears Grow

Oil prices fell for the third consecutive day due to rising U.S. gasoline inventories and trade tensions impacting global demand.

Tesla and BYD Battle for Japan’s Electric Car Crown: Who Will Win?

Tesla and BYD aggressively expand in Japan's EV market, aiming to challenge local automakers amidst low EV adoption rates.

Nvidia Stock Surges Past $170 After U.S. Clears China Chip Exports

Nvidia's stock surged over 4% after the Trump administration lifted export restrictions on H20 semiconductors to China.

Army’s New Shaving Rule Could Push Out Thousands of Black Soldiers

The U.S. Army's new shaving policy may disproportionately impact Black soldiers with shaving difficulties, raising concerns over its fairness.

Trump Slams Fed Chair Again, Demands Rates Below 1%

Trump criticizes Fed Chair Powell, insists interest rates should drop below 1%, claiming the economy is strong and inflation is nonexistent.

Related Articles