“We Will Talk” with Putin and Zelensky Because “We Have to Stop the War,” Says Trump
U.S. President-elect Donald Trump announced on Monday that he plans to speak with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky in an effort to end the war triggered by Russia’s invasion of Ukraine.
“We will talk with President Putin and with Zelensky and Ukraine’s representatives. We have to stop it; it’s a slaughterhouse,” Trump told reporters at his Mar-a-Lago residence in Florida.
During his campaign, Trump claimed he could end the war in a single day, though he did not elaborate on how he would achieve this.
“The war has left cities in ruins—there’s not a building left standing,” Trump said during the press conference.
Russia has demanded that Ukraine cede the five regions annexed by Moscow and renounce its aspirations to join NATO.
U.S. Aid to Ukraine
Trump has repeatedly suggested that Ukraine is likely to receive less aid from Washington once he assumes office on January 20. This has raised concerns among European allies and Ukraine, who fear Trump might pressure Kyiv into making excessive concessions, effectively granting Putin a geopolitical and military victory.
On Friday, the Kremlin welcomed Trump’s strong opposition to Ukraine using U.S. missiles on Russian territory. The outgoing Biden administration authorized the use of such missiles in November after previously opposing them, citing reports from the West and Kyiv of thousands of North Korean troops being deployed to support Russia.
Impact on Oil Prices
Trump’s plan to negotiate an end to the Russia-Ukraine war could be bearish for oil prices because a resolution might lead to the easing of geopolitical tensions and the removal of sanctions or supply disruptions involving Russian oil.
This could increase global oil supply, particularly from Russia, which is one of the world’s largest producers, thereby exerting downward pressure on prices.
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