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Fallout from the Oval Office Debacle: What Happened and What’s Next for Ukraine and the US?

How a landmark mineral deal collapsed in minutes

In a dramatic turn of events last Friday, an Oval Office press conference meant to signal unity between the U.S. and Ukraine spiraled into an unanticipated disaster. What was supposed to be a step toward solidifying a peace negotiation framework with Russia instead resulted in the unraveling of a crucial minerals-for-aid deal. The fallout has raised pressing questions about the future of U.S.-Ukraine relations, President Trump’s foreign policy, and Ukraine’s ability to sustain its war efforts.

The Lead-Up: A Fragile Partnership

To understand the significance of last Friday’s debacle, it’s essential to examine the events leading up to it. Ukrainian President Volodymyr Zelenskyy, a seasoned political operator, has long been reliant on U.S. support. Despite initial tensions, particularly regarding Biden’s approval of the Nord Stream 2 pipeline, the Ukraine-U.S. relationship strengthened in the wake of Russia’s full-scale invasion. The Biden administration’s vocal support and military aid were critical in keeping Ukraine afloat.

However, Zelenskyy has never shied away from playing hardball in the American political arena, a strategy that has at times put him at odds with U.S. leaders. His aggressive advocacy for Ukraine, including his willingness to publicly challenge U.S. decisions, set the stage for what would become a deeply consequential clash with the Trump administration.

The Minerals-for-Aid Deal: A Shaky Foundation

One of the most underreported aspects of Friday’s breakdown was the origins of the proposed minerals-for-aid agreement. Contrary to some portrayals, this wasn’t a Trump-led shakedown—it was an idea first floated by Zelenskyy himself in October 2024. His proposal sought to leverage Ukraine’s vast rare-earth mineral reserves, essential for advanced technology and defense systems, in exchange for long-term U.S. and European support.

The Trump administration seized on this idea, seeing it as a way to justify continued investment in Ukraine while securing critical materials. However, negotiations faltered. Treasury Secretary Scott Bessent and a delegation, including Senator JD Vance and Marco Rubio, attempted to finalize the agreement in multiple rounds of talks. Zelenskyy, at one point, appeared ready to sign—only to later insist on additional approvals from Ukraine’s parliament, frustrating Trump and his team.

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