Oil prices edged lower on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased concerns about any immediate supply disruption. Brent crude futures were down 15 cents at $69.

Donald Trump’s remarks on Ukraine on Monday were far from the biggest announcement the US president could have made. The good news for Kyiv is familiar. Trump has permitted NATO’s other members to buy American arms – a wide range of them,

Asked if he trusted Putin, Mr Trump took a lengthy pause before saying: "I trust almost nobody to be honest with you.

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.

For the fifth time, the American president has threatened Russia with economic sanctions. The first four times, Trump failed to follow through.

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