Zelensky says Ukraine is ready for an energy ceasefire with Russia

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Published: 2026-09-22T22:40:59.564Z • Permanent link

Ukraine's President Volodymyr Zelensky announced on Tuesday that Kyiv is prepared to halt strikes on Russian energy infrastructure if Moscow does the same, in a significant development that could ease tensions between the two nations. The statement, made during a press conference at the United Nations General Assembly in New York, came as a surprise to many, as both sides have been engaged in a long-standing conflict over Ukraine's sovereignty and territorial integrity.

Zelensky's comments were seen as a major breakthrough in the ongoing negotiations between Ukraine and Russia, which have been marked by periods of intense violence and diplomatic efforts to find a peaceful resolution. According to reports, the Ukrainian president's team had been in intense talks with Russian officials in the lead-up to the announcement, with several key meetings taking place in Moscow and Kyiv.

Details of the proposed ceasefire are still sketchy, but sources close to the negotiations suggest that both sides are looking to establish a temporary halt in hostilities in order to facilitate further talks. It remains to be seen whether the agreement will hold, but the move is seen as a positive development by many observers. Ukrainian officials have welcomed the statement, with one source describing it as a "significant step forward" in the negotiations.

Markets are also reacting positively to the news, with energy stocks experiencing a significant surge in value following the announcement. Investors are hopeful that the proposed ceasefire could lead to a reduction in tensions and an increase in investment in the region. However, some analysts have cautioned that the situation remains volatile and that further developments could quickly change the situation.

The proposed ceasefire has significant implications for the global energy market, with many analysts predicting a reduction in prices and an increase in supply. According to data from the International Energy Agency, Russia is currently the world's largest exporter of natural gas, with Ukraine playing a key role in the transit of this critical commodity.

Several major companies, including ExxonMobil and TotalEnergies, have significant interests in Ukraine and are closely watching the developments. These companies have invested heavily in the country's energy sector and are keen to see a stable and secure environment. Research communities and policymakers are also taking note, with many experts predicting that the proposed ceasefire could lead to increased investment in the region.