WTI crude stood above $102/bbl, up 2.51% intraday. Brent crude gained nearly 2%.

FT reports US and Russia have discussed economic incentives to advance peace talks that would permit US firms to re-enter Russia’s energy sector. Proposals cited include restoring Sakhalin oil and gas JVs, resuming Russian oil exports to Europe via the Druzhba pipeline, partial restoration of Nord Stream gas flows, Novatek participation in Alaska LNG, sale of Lukoil’s overseas assets to investors close to the White House, easing potash sanctions, and transferring management of the ZAPORIZHZHIA NUCLEAR PLANT to a US entity. US officials say any cooperation must be part of a comprehensive peace framework and no agreement has been reached. The FT adds Europe opposes sanction relief before the conflict ends and US companies are reportedly cautious, leaving implementation highly uncertain.

梵蒂岡外交部：教皇利奧的肺癌手術對其教皇任期具有“轉折性”意義。