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Ukraine and Russia's truce agreements run into trouble within hours
Published by Global Banking & Finance Review®
Posted on March 26, 2025
4 min readLast updated: January 24, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on March 26, 2025
4 min readLast updated: January 24, 2026
Ukraine and Russia's truce faces challenges as both sides accuse each other of violations. The US-brokered agreement aims to halt strikes in the Black Sea and on energy targets.
By Anastasiia Malenko and Tom Balmforth
KYIV (Reuters) -Ukraine and Russia accused one another on Wednesday of flouting a truce on energy strikes brokered by the United States, and conditions set by Russia cast doubt over a planned ceasefire in the Black Sea.
The United States announced separate agreements with Ukraine and Russia on Tuesday to pause their strikes in the Black Sea and against each other's energy targets, but the rhetoric from Moscow and Kyiv suggested they remained far apart.
President Volodymyr Zelenskiy said the U.S. side told Kyiv the deals were effective as soon as they were announced. But the Kremlin said the Black Sea one would not enter force until a sanctioned Russian state bank was reconnected to the international payment system, a step that Europe said would not happen until a Russian withdrawal from Ukraine.
The Kremlin meanwhile contends it has already been implementing a pause on energy attacks since March 18, though a senior Ukrainian presidential official said Russia had attacked eight Ukrainian energy facilities since that date.
On paper, the agreements are a tangible step towards a ceasefire after Russia launched its 2022 invasion, unleashing the biggest conflict in Europe since World War Two that rages on along a 1,000-km (600-mile) front line.
Led by Donald Trump, who wants a quick peace, the United States on Tuesday published two separate joint statements with Moscow and Kyiv outlining the deals, but neither document set out a clear timeline for their implementation.
Overnight, Russia said it had taken down nine drones, including two over the Black Sea. It also said Ukraine tried to attack a gas storage facility in Russian-occupied Crimea and energy infrastructure in Russia's Kursk and Bryansk regions. Ukraine said it conducted no such strikes.
Ukraine's military reported 117 Russian drone attacks overnight. Local officials said the city of Kryvyi Rih had been hit by the biggest drone attack it has faced yet.
President Volodymyr Zelenskiy called on the United States to further sanction Moscow, which he said was clearly not pursuing a "real peace" after the latest night of Russian drone attacks.
"Launching such large-scale attacks after ceasefire negotiations is a clear signal to the whole world that Moscow is not going to pursue real peace," Zelenskiy wrote on X.
ACTIONS NOT WORDS
Diplomats have told Reuters that most of the curbs the Kremlin says should be lifted before a Black Sea truce comes into effect relate to European Union sanctions and restrictions.
The EU said it was not targeting trade in food, grain or fertilisers in any way and made clear it would not budge on sanctions while Russian forces remained in Ukraine.
"The end of the Russian unprovoked and unjustified aggression in Ukraine and unconditional withdrawal of all Russian military forces from the entire territory of Ukraine would be one of the main preconditions to amend or lift sanctions," a spokesperson for the EU's executive commission said.
Nightly Russian drone attacks have been a feature of life in Ukrainian cities for many months. So have power outages as missiles have hammered the power grid, although Russian attacks have targeted gas facilities more recently. Kyiv has used drones to hit Russian oil facilities to strike back at its larger foe.
Zelenskiy said: "Everyone who was affected must be given assistance. But there must also be clear pressure and strong action from the world on Russia – more pressure, more sanctions from the United States – to stop Russian strikes."
The Ukrainian statements did not say that Russia had hit energy infrastructure with its latest attack.
At least 15 explosions detonated in Zelenskiy's home town of Kryvyi Rih overnight during a Russian drone attack, though no one was killed or injured, according to Oleksandr Vilkul, head of the military administration.
"Apparently, this is how the occupiers 'want peace'," he said.
Seven Russian drones were shot down over the southern region of Mykolaiv, whose port provides access to the Black Sea and has been closed since Russia's full-scale invasion, the governor said.
In the city of Okhtyrka in the border region of Sumy, the local governor said Russian drones damaged two apartment buildings, an administrative building, four shops, 14 market stands and other non-residential buildings.
Reuters could not independently verify the reports from either side about the various attacks.
Ukraine said it shot down 56 drones in total and that another 48 had been "lost", a term usually used to refer to drones suppressed by electronic warfare defences. There was no immediate comment from Russia.
(Reporting by Anastasiia Malenko and Pavel Polityuk in Kyiv, by Yuliia Dysa in Gdansk and by Lidia Kelly in Melbourne; Writing by Tom Balmforth; Editing by Philippa Fletcher)
The article discusses the challenges facing the truce agreements between Ukraine and Russia, brokered by the United States.
What are the conditions set by Russia for the truce? Russia demands reconnection to the international payment system as a condition.
How has the EU responded to the truce conditions? The EU maintains sanctions until Russian forces withdraw from Ukraine.
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