These are the main aspects of the deal set out by the US:
• The US and Russia have agreed to safe navigation in the Black Sea, which had been a key focus of talks this week • Additionally, they agreed to work together on measures banning strikes on energy infrastructure in Russia and Ukraine • Washington will also help to restore Russia’s access to global markets for agricultural and fertiliser exports, the White House said – although where this leaves Western sanctions against Russia is unclear at this stage.
The US also said it has agreed it will remain committed to returning forcibly transferred Ukrainian children.
Ukraine’s defence minister Rustem Umerov confirmed the agreement, but added that Kyiv maintains any movement by Russian military vessels outside of eastern part of the Black Sea will constitute violation of the spirit of this agreement.
“In this case Ukraine will have full right to exercise right to self-defence,” he said.
He added: “All parties agreed to develop measures for implementing the presidents’ agreement to ban strikes against energy facilities of Ukraine and Russia.”
The Kremlin has confirmed that it has agreed to the ceasefire but there has been a disagreement over the timing and conditions.
While Volodymyr Zelenskyy said he understood the ceasefire would start immediately after the US announcement, Moscow has countered, saying it will only come into force after Western sanctions are lifted against companies involved in food and fertiliser exports.
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He says Russia will be quite happy dragging the US through peace talks without making any meaningful concessions.
The deal is one the US “can boast about” – without it changing much on the ground for Ukraine, he says.
“The Russians will be quite happy about that because they’ll just keep going down more and more rabbit holes and they’ll present little gains for the US,” he explains.
“But they won’t address the central issue,” he says.
No real deal can be agreed unless Donald Trump starts putting meaningful pressure on Vladimir Putin, he says.
Image: A Ukrainian patrol boat in the Black Sea in 2024. Pic: Reuters
“Unless the Americans are prepared to pressure Russia as opposed to just keeping offering them more advantages, the war will just go on.”
He also says Mr Trump will stay interested until it “gets difficult”, at which point he’ll “just go onto something else”.
“He’s a disrupter, but when disruption becomes hard to follow through, he goes on to the next topic, and I think that’s what will happen.”
Why is Russia willing to agree to a ceasefire at sea now?
Under the ceasefire at sea, Russia would once again be able to export farm produce and fertiliser through the Black Sea, getting relief from sanctions imposed by Western countries.
The US even referred to helping Russia access the world market again for agricultural products in its statement.
According to Prof Clarke, Russia is happy to continue fighting on land, where it is slowly making gains, while signing up to something that protects its ships at sea – where Ukraine has been growing in confidence and damaging Russian vessels.
And it helps with Russia’s goal of getting its equipment out of the Black Sea.
Today’s agreement has come in the midst of negotiations between Russia, the US and Ukraine in Riyadh in recent days centred on the Black Sea.
But the basis of the negotiations was a deal to secure shipping there that collapsed more than 18 months ago.
That UN-backed deal was negotiated in July 2022 between Turkey, the UN and Russia as a way of ensuring that Ukraine, one of the breadbaskets of the world, could keep exporting grain via its southern ports without being attacked.
It was known as the Black Sea grain initiative.
That deal benefited Russia, as it also allowed for greater Russian agricultural exports – but but Moscow pulled out of the initiative in July 2023 after accusing the West of reneging on this part of the agreement.
This meant Russia stopped granting safe passage to cargo ships going to and from Ukraine, and the country’s grain exports subsequently slumped.
But Russia is now said to be keen to revive parts of the grain deal.
What happened the last time Ukraine and Russia had a ceasefire agreement?
Last week, Mr Putin agreed to an immediate 30-day pause in strikes on Ukrainian energy infrastructure.
However, within 24 hours Ukraine and Russia accused the other of breaking the pledge.