Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says

Burned-out vehicles outside a shopping mall following a Russian drone attack in Kyiv, on May 4

Photographer: Sergei Supinsky/AFP/Getty Images

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President Donald Trump said the sliding price of oil is intensifying pressure on Russia and boosting the odds for a deal to end its war in Ukraine.

“I think Russia, with the price of oil right now — oil has gone down — I think we’re in a good position to settle,” Trump told reporters in the Oval Office on Monday. “They want to settle; Ukraine wants to settle. If I weren’t president, nobody would be settling.”