The ceasefire between Russia and Ukraine in the Black Sea, a high-risk deal with many question marks
Moscow and Kyiv admit they have doubts about the limits of military operations in a key area for both their economies
The Black Sea ceasefire was on the verge of collapse after three days of negotiations in Saudi Arabia. Until the eleventh hour, it was unclear whether the agreement between Russia, Ukraine, and the United States would be signed. It was a last-ditch negotiating effort by the White House that on Tuesday produced Russia’s green light for an upcoming cessation of maritime hostilities. Washington took the plunge, ignoring Ukraine’s objections, by pledging to the Kremlin to “facilitate the recovery” of Russian agricultural exports on the international market, severely limited by tariffs and sanctions imposed by Ukraine’s Western allies.
