U.S. President Donald Trump announced on Monday that he anticipates a U.S.-Ukraine revenue-sharing agreement on Ukrainian critical minerals will be signed soon.
The deal would allow the United States to secure access to key minerals in Ukraine, which are seen as crucial for various industries, including technology and defense.
Trump also revealed that discussions are ongoing regarding the potential for American firms to own Ukrainian power plants. The announcement follows a series of high-level meetings in Saudi Arabia, where U.S. officials met with Ukrainian and Russian representatives. While the focus of the talks has primarily been on a ceasefire agreement for the Black Sea, Trump indicated that other issues, such as territorial boundaries and the ownership of Ukrainian energy infrastructure, are also being discussed.
"We're talking about territory right now. We're talking about lines of demarcation. Talking about power, power plant ownership. Some people are saying the United States should own the power plant...because we have the expertise," Trump stated, underscoring his administration's interest in enhancing American influence in Ukraine's energy sector.
The proposed minerals deal and the broader energy discussions reflect Trump’s ongoing efforts to solidify U.S. interests in Ukraine while pushing for a resolution to the ongoing conflict with Russia. These developments come as part of his broader strategy to engage in direct negotiations with both Ukrainian and Russian officials in hopes of bringing a swift end to the war that has raged for nearly three years.
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U.S. and Ukrainian negotiators have discussed an ambitious goal of reaching a peace agreement between Russia and Ukraine by March, though the timeline is widely viewed as unrealistic due to deep disagreements over territory, according to multiple sources familiar with the talks.
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Storm Leonardo hit Spain and Portugal on Tuesday, forcing more than 11,000 people from their homes, as a man in Portugal died after his car was swept away by floodwaters and a second body was found in Malaga.
An attacker opened fire at the gates of a Shiite Muslim mosque in Islamabad on Friday before detonating a suicide bomb that killed at least 31 people in the deadliest assault of its kind in the capital in more than a decade.
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