Hello, this is Leonie Kidd coming to you from London. Welcome to another edition of CNBC's Daily Open.
President Trump's announcement of a diesel deal with Russia has stunned the global community. And now, questions are being asked about whether Moscow can supply the U.S. with enough diesel for the agreement to be felt at the pump.
It's a risk, but so far oil is down and futures are up.
Investors are trying to price oil after U.S. President Donald Trump announced an "energy ceasefire" between Russia and Ukraine.
But there's widespread confusion over the supposed agreement. Firstly, Ukraine reacted with surprise, saying the first they heard of the move was Trump's Truth Social post. Secondly, Moscow struck a power plant just hours after the announcement, Zelenskyy