Weeks after a disastrous Oval Office meeting, the pair had “a very good conversation,” according to a senior Ukrainian official.

Ukrainian President Volodymyr Zelenskyy agreed Wednesday to a limited ceasefire between Kyiv and Moscow, as U.S. President Donald Trump suggested during a call with the embattled country's leader that he consider American ownership of Ukraine's power plants to ensure their long-term security.

Oil prices fell on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that Moscow and Kyiv stop attacking each other's energy infrastructure temporarily, which could lead to more Russian oil entering global markets.

Ukrainian President Volodymyr Zelenskiy said on Wednesday that a halt on energy strikes in the war with Russia could be established quickly, and that Ukraine would respond in kind if Moscow violated the terms of the ceasefire.

After Moscow and Kyiv agree to stop hitting each other's power plants and electric grids, negotiators will try to halt fighting on the Black Sea.