Ukrainian President Zelenskiy said Russia violated an energy ceasefire declared by US President Trump.

Goldman Sachs maintains a baseline that Middle East supply adjustments will eventually weigh on oil, but warns renewed conflict is a significant upside risk. The bank raised its December Brent forecast to $90/bbl, kept its 2027 Brent average at $80/bbl, and expects WTI averages of $81/bbl in December and $73/bbl in 2027. Goldman says if 2027 Gulf daily output is 5.0 mln b/d below February 2026 levels (versus a base-case 0.3 mln b/d decline), Brent could average roughly $125/bbl in 2027; if 2027 Gulf output is 1.0 mln b/d above February 2026 levels, Brent could fall into the low $60s per barrel.

The Financial Times, citing European officials, reports the Trump administration is threatening to suspend use of the Priority Ukraine Requirements List (PURL) — the US mechanism for procuring weapons for Ukraine — and to curtail intelligence sharing to pressure Kyiv to stop strikes on Russian refineries and other energy infrastructure. US officials have been lobbying European capitals and Kyiv; several European officials and Zelenskiy military adviser Pavlo Palisa said they received calls, and others were briefed on the outreach.