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Russia launched missile and drone attacks against Ukrainian cities on August 19, hours after President Volodymyr Zelensky concluded peace talks with U.S. President Donald Trump at the White House. Explosions were reported in Kremenchuk as ballistic missiles struck Ukraine's central region.
The assault targeted energy infrastructure using multiple ballistic missiles and dozens of drones, local media reported. Cities near the front line, including Kharkiv and Poltava, also faced missile strike threats. Air raid alerts were issued across several Ukrainian regions, including Kyiv.
The attack occurred amid intensified U.S. efforts to broker peace between Moscow and Kyiv. Trump recently met Putin in Alaska and plans to host bilateral talks between Zelensky and Putin, followed by trilateral meetings involving all three leaders. Zelensky’s gift to Trump, here.
Highlight:
Armstrong gets invited to speak to Devon technical about drilling exploratory wells
Walks into room of 75 engineers and asked show of hands how many have ever drilled a dry hole. 2 raise their hand
Follows up asking how many have drilled a commercial shale well
🐐 https://t.co/pZRjIczcgg
— BSB 💣 (@StreetBomber) August 19, 2025
Reuters) - Oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russia's invasion of Ukraine could ease sanctions on Russian crude oil, boosting global supply.
Brent crude futures settled at $65.79 a barrel, down 81 cents, or 1.22%. U.S. West Texas Intermediate crude futures for September delivery, set to expire on Wednesday, finished at $62.35 a barrel, down $1.07, or 1.69%.
"Even with this peace dividend, we have a record short position," said Phil Flynn, senior analyst with Price Futures Group. "Because of the size of the short position, people are betting on a cease-fire and if we don't get one there could be a bounce."
Following a White House meeting on Monday with Ukrainian President Volodymyr Zelenskiy and European allies, U.S. President Donald Trump announced in a social media post that he had spoken with Russian President Vladimir Putin.
Trump said arrangements were being made for a meeting between Putin and Zelenskiy, which could lead to a trilateral summit involving all three leaders.
U.S. stocks finished mostly lower on Tuesday, after a selloff in megacap technology names weighed on the three major indexes ahead of the Federal Reserve’s annual economic symposium in Jackson Hole, Wyo., later this week.
The Dow Jones Industrial Average finished flat at 44,922.27, according to FactSet data. Earlier, the blue-chip index rose to a fresh intraday record, thanks to strong gains in shares of Home Depot Inc.
The S&P 500 fell 37.78 points, or 0.6% to end at 6,411.37.
The Nasdaq Composite slumped 314.82 points, or nearly 1.5% to finish at 21,314.95. It was the largest one-day point and percentage decline for the tech-heavy index since Aug. 1, according to Dow Jones Market Data.
Investors turned cautious ahead of the Federal Reserve's Jackson Hole Economic Policy Symposium on Friday, where Fed Chair Jerome Powell is set to provide insights into the central bank's future monetary-policy decisions.
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