Diplomats from the United States and Russia are holding high-stakes negotiations on the sidelines of the UN General Assembly to mitigate the broader economic fallout of their conflict, with a focus on stabilizing global energy markets. The discussions come as rising tensions have already disrupted supply chains and sent prices surging, raising concerns about a deepening energy crisis worldwide. Both sides are reportedly exploring measures to ease restrictions on critical fuel exports, though no concrete agreements have been announced. Observers warn that failure to reach a deal could worsen inflation and fuel shortages across vulnerable regions.
US and Russia engage in urgent talks to reduce war's impact on global energy during UN General Assembly.