Oil prices dropped by less than 1% on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the war in Ukraine and avoid sanctions eased concerns about any immediate supply disruption.

Speaking to reporters at JBA on Tuesday, President Trump dismissed economic concerns about secondary tariffs on Russia.

The US President will also meet First Minister John Swinney during the private trip to Scotland later this month.

Energy dominance means investing in renewables and our energy transmission infrastructure — not providing giveaways to the oil and gas industry. As American households and businesses face soaring electricity bills,

Oil prices were little changed on Tuesday after U.S. President Donald Trump's lengthy 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased immediate supply concerns. Brent crude futures were up 1 cent at $69.

President Trump now wants to give more weapons to Ukraine and is threatening increased sanctions if Russian President Vladimir Putin doesn't agree to end the war in 50 days. The president explained why in a phone call with our partners at BBC News.