US, Ukraine Ink Critical Minerals Deal Amid War

The U.S. and Ukraine have signed an agreement granting the U.S. priority access to Ukrainian critical minerals, with President Trump and Treasury Secretary Scott Bessent highlighting its strategic value for peace negotiations with Russia and reducing U.S. reliance on Chinese mineral supplies. The deal establishes a 50/50 investment fund for oil, gas, and mineral development, and Trump has suggested that revenues could offset American aid to Ukraine. Experts caution, however, that the agreement does not fully address Ukraine's security or immediately solve U.S. supply chain needs. The Kremlin dismissed the impact of such deals on its security policies and reaffirmed its commitment to OPEC+. The agreement underscores growing global competition for rare earths and critical minerals vital for technology and defense. Ongoing diplomatic and military support from the U.S. and allies remains crucial for lasting peace in Ukraine.