Oil prices slipped in early Monday trading after U.S. President Donald Trump’s meeting with Russian President Vladimir Putin produced no new U.S. measures to curb Russian crude exports. Brent futures declined 0.39% to $65.59 a barrel, while West Texas Intermediate fell 0.29% to $62.62, with U.S. crude futures briefly touching $62.48 at the open. Traders judged that the absence of additional sanctions or tariffs signalled a lower risk of supply disruption, easing the geopolitical premium built into the market. Trump is due to host Ukrainian President Volodymyr Zelenskiy and several European leaders in Washington later on Monday, where pressure is expected to mount on Kyiv to accept a land-for-peace deal floated by Moscow. “The status quo remains largely intact for now,” RBC Capital Markets analyst Helima Croft wrote, adding that any escalation—such as secondary sanctions on buyers of Russian oil—has been put on hold for at least several weeks.