The Moscow Exchange (MOEX) index fell to 2,500 points after Donald Trump stated that Washington might soon reinstate sanctions against Russian oil. On other occasions, the MOEX and RTS index rose, and the ruble reached a seven-month high against the dollar, with these gains attributed to expectations that the Trump administration might ease sanctions on Russia. Gazprom shares fell by 2.77% following Trump’s statement on sanctions, according to ukrainetoday.org, and by 2.9% on Saturday during off-hours trading after Putin-Trump talks ended without progress, according to themoscowtimes.com. Rosneft shares fell by 2.6%, Sovcomflot shares fell nearly 3%, and Aeroflot shares slid 2.9% on Saturday during off-hours trading, all according to themoscowtimes.com. Sberbank shares fell by 1.22%, Lukoil shares fell by 1.11%, Sovcomflot shares fell by 2.24%, Mechel shares lost almost 3%, and Novatek shares lost 3.2% following Trump’s statement on sanctions, according to ukrainetoday.org. Aeroflot shares also plummeted 4% after Trump’s statement on sanctions, according to ukrainetoday.org. The Moscow Exchange Index fell from 2777.3 points to 2727.2 points within one hour after Trump announced he was shortening the ultimatum to Vladimir Putin regarding a ceasefire in Ukraine, according to ukrainetoday.org. The Moscow Exchange index dropped by 2% during off-hours trading after talks between Vladimir Putin and Donald Trump ended sooner than expected and without tangible progress on the war in Ukraine, according to themoscowtimes.com. The ruble weakened against the dollar and euro after Putin-Trump talks ended without progress, with the dollar rising to 80.15 rubles and the euro to 93.76, according to themoscowtimes.com.