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00:00We've got two ceasefire agreements here that have been agreed by the United States after
00:06those talks in Saudi Arabia.
00:07One maritime in the Black Sea, the other relating now to energy targets.
00:12How significant are these developments?
00:15Well, I think they're potentially quite significant.
00:21Energy is a very important element to Ukrainian sovereignty and the Black Sea is important
00:29to the economies of both Ukraine and Russia.
00:33Of course, the devil is in the details.
00:37It's not surprising that Vladimir Putin, who has been just sitting on the sidelines watching
00:43Donald Trump give him this, that, and the other thing, is saying, Donald, I'd like to
00:47do this for you, but I need one more thing in terms of sanctions.
00:52So far, this is a one-way process where Russia is getting a lot and has not yet been asked
00:59to give anything significant in return.