Oil prices dropped by less than 1% on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the war in Ukraine and avoid sanctions eased concerns about any immediate supply disruption.

President Trump told reporters Ukrainian President Zelenskyy should not target Moscow. Donald Trump's approval rating plummets to new low Téa Leoni and Tim Daly Are Married! Couple Weds in Ceremony Surrounded by Family

In a major policy shift underscoring his growing frustration with President Vladimir Putin, Trump on Monday announced new deliveries of weapons to Ukraine and warned that buyers of Russian exports could face sanctions unless Russia agrees to a peace deal on Ukraine.

Trump announced new weapons for Ukraine and threatened "biting" secondary tariffs of 100% on the buyers of Russian exports unless there is a peace deal in 50 days.

Donald Trump’s remarks on Ukraine on Monday were far from the biggest announcement the US president could have made. The good news for Kyiv is familiar. Trump has permitted NATO’s other members to buy American arms – a wide range of them,

Asked if he trusted Putin, Mr Trump took a lengthy pause before saying: "I trust almost nobody to be honest with you.

U.S. President Donald Trump's threat to choke off Russia’s oil revenue via secondary sanctions would deal a hammer blow to Moscow's finances, but markets are betting that the risk of higher energy prices will keep Washington from following through.

For the fifth time, the American president has threatened Russia with economic sanctions. The first four times, Trump failed to follow through.