The latest from Trump:

Based on the fact that Russia is absolutely “pounding” Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED. To Russia and Ukraine, get to the table right now, before it is too late. Thank you!!!

We are keeping a close eye on Russia but we don’t have much of an indication of where they stand on ceasefire negotiations, particularly the idea of European peacekeepers or soldier in the country.

WTI jumped on the fear of Russian sanctions.

This article was written by Adam Button at www.forexlive.com.