21 Nov 2025 | 3 Mins Read
Oil prices drop amid Trump's Ukraine peace plan
Flipitmoney
Oil prices fell 2% to $62.09 per barrel as US President Donald Trump sought a peace deal to end the Russia-Ukraine war, citing a leaked plan for Ukraine to cede land, including Crimea, and not join NATO. Energy stocks declined, led by a 2.7% drop in Europe's Stoxx Oil and Gas index. U.S. West Texas Intermediate fell 2.4% to $57.61 per barrel.