Oil prices edged lower on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased concerns about any immediate supply disruption. Brent crude futures were down 15 cents at $69.

President Donald Trump on Monday laid out a pair of steps intended to pressure Russia to end its war in Ukraine, including funneling new weapons to Kyiv and threatening economic punishment on Moscow if peace isn’t reached in 50 days,

President Donald Trump is downplaying the possibility of sending Ukraine long-range weapons as Kyiv awaits an injection of U.S. weaponry that it hopes will help it beat back an intensifying Russian air offensive.

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.

Donald Trump has said Volodymyr Zelensky should not target Moscow after reportedly privately discussing strikes on the Russian capital with the Ukrainian leader and deliberating whether to send long-range Tomahawk cruise missiles to Ukraine, according to reports.

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

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.

President Donald Trump has expressed growing support for NATO, saying that member nations are now "paying their own bills."