🎧 A ceasefire in name only

Energy markets are digesting last night’s breaking news that Russia has agreed to a 30-day temporary ceasefire in Ukraine.

The ceasefire is limited to energy infrastructure only, meaning Russian forces can continue their military advancements into Ukrainian territory.

I recorded this emergency episode of the podcast late last night to share some initial thoughts about what this ‘ceasefire’ means for energy markets, and the wider prospects of a lasting peace settlement.

Shortly after uploading the podcast, I read on X that Russian forces broke the agreement barely 30 minutes after signing it by bombing power infrastructure in Sloviansk… 🤦‍♂️

As it happens, I have a Deep Dive in the works that will explore Russia’s targeted campaign of destruction against Ukrainian natural gas infrastructure since the New Year.

That piece will be published very soon — be sure to subscribe at www.EnergyFlux.news to get it delivered straight to your inbox.

Thanks for listening.

— Seb

P.S. Don’t forget to share your questions, thoughts and reactions to this and other energy-related news headlines for inclusion in the next episode. I prioritise input from paid subscribers 😉

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