Oil and gas prices increased on Monday following the lack of impact from President Donald Trump’s proclaimed “energy ceasefire.” The announced ceasefire, intended to influence Russia and Ukraine, did not achieve the desired outcome of stabilizing energy markets. Despite the attempt to broker a resolution, the situation between Russia and Ukraine remained unchanged, causing continued concern for energy supplies. This failure to gain traction led to a rise in prices as market anxieties persisted. The “energy ceasefire” aimed to de-escalate tensions and potentially encourage increased energy flow, but it appears to have had no discernible effect on either Russia or Ukraine’s policies. Analysts suggest prices will remain volatile until a more concrete resolution is reached. The developments underscore the complex web of geopolitical factors influencing global energy prices.