🎧 A ceasefire in name only

Energy markets are digesting last night’s breaking news that Russia has agreed to a 30-day temporary ceasefire in Ukraine.The ceasefire is limited to energy infrastructure only, meaning Russian forces can continue their military advancements into Ukrainian territory.I recorded this emergency episode of the podcast late last night to share some initial thoughts about what this ‘ceasefire’ means for energy markets, and the wider prospects of a lasting peace settlement.Shortly after uploading the podcast, I read on X that Russian forces broke the agreement barely 30 minutes after signing it by bombing power infrastructure in Sloviansk… 🤦‍♂️As it happens, I have a Deep Dive in the works that will explore Russia’s targeted campaign of destruction against Ukrainian natural gas infrastructure since the New Year.That piece will be published very soon — be sure to subscribe at www.EnergyFlux.news to get it delivered straight to your inbox.Thanks for listening.— SebP.S. Don’t forget to share your questions, thoughts and reactions to this and other energy-related news headlines for inclusion in the next episode. I prioritise input from paid subscribers 😉To hear more, visit www.EnergyFlux.news