A ceasefire on paper
In October 2026 the war in Ukraine briefly seemed to move. On 9 October President Trump announced a deal with Vladimir Putin on supplies of Russian diesel. The same day the US Treasury temporarily eased sanctions on Russian diesel, until April 2027.1,2 A day later Trump told reporters: “I think it’s time for Ukraine to get a new president.”3,4
Historians see that week as the moment the pressure changed direction. It was not the aggressor who had to give ground, but the country under attack. On 11 October Trump announced an ‘energy ceasefire’ that he said both sides had agreed to. Ukraine stopped striking Russian refineries, but Russia kept attacking Ukrainian energy facilities.5,6,7
On 16 October Trump waived the main measures of a new US sanctions law against Russia just before they took effect. They included tariffs of up to 100 percent on large buyers of Russian oil and gas.8,9 Two days later Ukraine attacked Russia with more than a thousand drones; oil storage sites burned in St Petersburg.10,11 According to President Zelensky, the US was meanwhile holding back Patriot air-defence missiles that allies had already paid for. Secretary of State Rubio denied that the US wanted to harm Ukraine.12,13 On 20 October Zelensky met US envoy Steve Witkoff and European leaders in Oslo.13,14 A day later Witkoff and Putin talked in St Petersburg. A Kremlin adviser then said Russia was willing in principle to resume three-way talks with the US and Ukraine in November, but that the new proposals from Europe and Kyiv contained little of use.15,16
Moscow drew the lesson from those weeks that would shape the rest of the decade: whoever keeps fighting gets concessions.
- 21 Oct 2026 · happenedSanctions eased and waived; Moscow agrees only in principle to new talks.
- 2027 · scenarioA truce on Russian terms. Occupied territories stay Russian, no security guarantees.
- 2030 · scenarioA rebuilt Russian army tests the border with the Baltic states.
- 2036 · scenarioWorldwide, more money goes to weapons than at any time since the Cold War, at the expense of healthcare and education.
If countries put pressure on whoever starts a war rather than on whoever defends itself, and lift sanctions only for a fair and verified ceasefire, no country learns that invading a neighbour pays.