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.

Russia does not care about Trump's ultimatum of sanctions unless Moscow agrees to a peace deal in Ukraine, a senior security official said.

Donald Trump’s remarks on Ukraine on Monday were far from the biggest announcement the US president could have made. The good news for Kyiv is familiar. Trump has permitted NATO’s other members to buy American arms – a wide range of them,

Trump announced new weapons for Ukraine and threatened "biting" secondary tariffs of 100% on the buyers of Russian exports unless there is a peace deal in 50 days.

Trump's threat against Russia runs parallel to a Senate-led effort to pass crippling sanctions on countries that buy Russian energy.

U.S. Ambassador to NATO Matt Whitaker joins the ‘Brian Kilmeade Show’ to discuss President Donald Trump’s updated strategy for the Russia-Ukraine war and what it could mean for the path to peace.

That fight, which saw Indian jets shot down and Pakistan struck by Indian missiles, was triggered by a murderous attack on Indian tourists in Kashmir that India blames on Islamist militants sponsored by Pakistan’s security services.

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.

A White House official clarified to CNN that when the president referred to ‘secondary tariffs,’ he meant 100% tariffs on Russia and secondary sanctions on other countries that buy Russian oil,” per CNN’s Kevin Liptak.