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International Business Times
International Business Times
Business

Russia Didn't Hit Any Ukrainian Energy Targets on Tuesday. Oil Prices Retreated.

Donald Trump Oil Russia Ceasefire Vladimir Putin Kremlin Kyiv United States Volodymyr Zelenksyy Moscow
Oil prices fell on Tuesday as Russia didn't strike any energy targets in Ukraine after President Donald Trump declared an energy ceasefire between the countries on Sunday. (Credit: Getty Images)

Oil prices fell on Tuesday as Russia didn't strike any energy targets in Ukraine after President Donald Trump declared an energy ceasefire between the countries on Sunday.

Brent crude, the international benchmark, dropped 0.88% and clocked in at $105.71 per barrel at 9:59 a.m. ET, while West Texas Intermediate, the U.S. benchmark, edged down 0.33% and stood at $93.43 per barrel at the same time.

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