Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Russia, Ukraine halt energy strikes, but differences emerge on moratorium
    Headlines

    Russia, Ukraine halt energy strikes, but differences emerge on moratorium

    Published by Global Banking & Finance Review®

    Posted on January 30, 2026

    5 min read

    Last updated: January 30, 2026

    Russia, Ukraine halt energy strikes, but differences emerge on moratorium - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Presidentfinancial crisisinternational organizationseconomic growthforeign currency

    Quick Summary

    Russia pauses Kyiv strikes at Trump's request until Feb 1. Zelenskiy ready to reciprocate as diplomatic talks continue.

    Table of Contents

    • Energy Strike Moratorium Overview
    • Details of the Agreement
    • Impact on Residents
    • Future Diplomatic Efforts

    Russia and Ukraine Agree to Energy Strike Moratorium Amid Disputes

    Energy Strike Moratorium Overview

    By Olena Harmash

    Details of the Agreement

    KYIV, Jan 30 (Reuters) - Russia and Ukraine said on Friday they had halted strikes on each other's energy infrastructure but differences emerged over the timeframe for the moratorium and there was uncertainty about the next step in talks to end the nearly four-year-old war.

    Impact on Residents

    The Kremlin said it had agreed to U.S. President Donald Trump's request to halt strikes on energy targets, which have knocked out power and heating to hundreds of Kyiv apartment buildings. But spokesman Dmitry Peskov indicated the measure would end on Sunday.

    Future Diplomatic Efforts

    Ukrainian President Volodymyr Zelenskiy said Russia had conducted virtually no strikes in the past 24 hours, though he and his prime minister said Moscow had reoriented its strategy and were now hitting logistical points, notably rail junctions.

    Zelenskiy said the moratorium for strikes on energy infrastructure had gone into effect for a week, starting from Friday at midnight. He also noted there was no formal truce between the two countries as the Ukrainian capital braced for another bitterly cold spell from Sunday.

    "In all our regions, there were indeed no strikes on energy facilities from Thursday night to Friday," Zelenskiy said in his nightly video address. "Ukraine is ready in reciprocal terms to refrain from strikes and today we did not strike at Russian energy facilities."

    Ukrainian Prime Minister Yulia Svyrydenko said that over the past 24 hours alone, Russia had carried out seven drone attacks on railway facilities.

    The Kremlin said President Vladimir Putin had accepted Trump's request to stop bombarding Kyiv to create "favourable conditions" for peace talks.

    RESIDENTS LEFT WITHOUT HEATING

    In recent weeks, Russian strikes on energy infrastructure in Kyiv have left hundreds of thousands of people without heating for days on end at times as temperatures have dipped below minus 15 degrees Celsius (5 Fahrenheit).

    Zelenskiy said 378 residential high-rise buildings remained without heating on Friday. Weather forecasters say that from Sunday temperatures in the Ukrainian capital will plunge as low as minus 26 degrees Celsius. 

    "President Trump did indeed make a personal request to President Putin to refrain from striking Kyiv for a week until February 1 in order to create favourable conditions for negotiations," Peskov said, confirming that Putin had agreed.

    In a separate briefing with reporters, Zelenskiy said Ukrainian air defences had been left depleted because Kyiv's European allies had delayed payments to the U.S. under the PURL weapons purchase programme.

    As a result, he said, U.S. Patriot air defence missiles had not arrived ahead of heavy Russian airstrikes on Kyiv that knocked out power to swathes of the city this month.

    Diplomatic efforts to end the war have produced no tangible results. Zelenskiy said two main issues remained unresolved -- Russia's demand to cede all of the Donbass region and control over the Zaporizhzhia nuclear power plant, Europe's largest. 

    NEXT DIPLOMATIC MEETING

    The president said he did not know when the next meeting of Russian, Ukrainian and U.S. negotiators, originally scheduled for Sunday in the United Arab Emirates, would take place.

    "The date or the location may change – because, in our view, something is happening in the situation between the United States and Iran. And those developments could likely affect the timing," Zelenskiy said.

    In Moscow, two sources told Reuters that Kirill Dmitriev, Putin's special envoy, would travel to Miami on Saturday for meetings with members of Trump’s administration.

    Kyiv residents doubted the energy truce would lead to any lasting improvement, saying they had no choice but to endure the darkest and coldest winter of the nearly four-year war.

    "I trust neither Putin nor Trump, so I think that even if he (Putin) complies now, he will stockpile missiles and will still keep firing," said Kyiv pensioner Kostiantyn, 61, who didn't provide his family name. "Putin's goal is the destruction of Ukraine, and all we can do is resist."

    The Ukrainian Air Force said Russia had launched a ballistic missile and 111 drones in its latest overnight attacks on Ukraine. Zelenskiy said the missile damaged warehouses of the U.S. company Philip Morris in the northeastern Kharkiv region.

    Movements towards a ceasefire for the energy sector come at a critical moment. Russian troops are continuing their grinding advance in Ukraine's eastern Donetsk region, and Moscow sends hundreds of drones in nearly daily attacks on Ukrainian towns and cities far from the front lines.

    Putin's demand that Ukraine surrender the 20% it still holds of Donetsk Region - about 5,000 sq km (1,900 sq miles) - has proven a stumbling block to any settlement. Zelenskiy has ruled out giving up territory that Ukraine has shed blood to defend.

    U.S. Secretary of State Marco Rubio had said on Wednesday that Trump's top envoys Steve Witkoff and Jared Kushner, who attended the previous round of talks, would not participate in the scheduled meeting this weekend in Abu Dhabi. 

    U.S. officials said headway was made at last weekend's talks but no details have emerged. Russia and Ukraine both said there has been no sign of compromise on the question of territory.

    (Additional reporting by Anna Pruchnicka, Editing by Daniel Flynn, Ron Popeski and Alistair Bell)

    Key Takeaways

    • •Russia pauses airstrikes on Kyiv at Trump's request.
    • •Zelenskiy states no formal truce, but Ukraine ready to reciprocate.
    • •Russian strikes have targeted Ukrainian logistics recently.
    • •Peace talks are being facilitated by the U.S.
    • •Energy infrastructure in Kyiv severely affected by strikes.

    Frequently Asked Questions about Russia, Ukraine halt energy strikes, but differences emerge on moratorium

    1What is air defense?

    Air defense refers to military strategies and systems designed to protect a country from aerial threats, such as missiles and aircraft.

    2What is energy infrastructure?

    Energy infrastructure includes the facilities and systems that generate, transmit, and distribute energy, such as power plants and electrical grids.

    3What is a ballistic missile?

    A ballistic missile is a weapon that is launched into the air and follows a ballistic trajectory to deliver a payload to a predetermined target.

    4What is a ceasefire?

    A ceasefire is a temporary stoppage of fighting, often agreed upon by conflicting parties to create conditions for peace talks.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Thousands protest in Berlin in solidarity with Iranian uprisings
    Thousands protest in Berlin in solidarity with Iranian uprisings
    Image for Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Image for France opens probe against ex-culture minister lang after Epstein file dump
    France opens probe against ex-culture minister lang after Epstein file dump
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected saboteurs hit Italian rail network near Bologna, police say
    Suspected saboteurs hit Italian rail network near Bologna, police say
    Image for Olympics-Protesters in Milan denounce impact of Games on environment
    Olympics-Protesters in Milan denounce impact of Games on environment
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    View All Headlines Posts
    Previous Headlines PostDenmark plans tougher deportation laws, challenging European human rights framework
    Next Headlines PostEU says no post-Brexit energy deal without UK payments