Global markets are in turmoil as oil surges and Russia faces new U.S. sanctions.
The White House confirmed that Donald Trump will address the world at 10:00 PM Mecca Time in what’s being called a major foreign policy announcement.
Key Highlights:
🇷🇺 Trump announced sanctions on Russia
❌ Meeting with Putin canceled
🕊️ Called for an immediate ceasefire from Moscow
Oil prices spiked over 5% following the news, with sanctions directly hitting Rosneft and Lukoil, putting massive pressure on Russia’s energy backbone.
Analysts warn of heightened volatility as global markets scramble — with traders watching oil, gold, and crypto for safety plays amid growing uncertainty.