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.

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.

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