BBC:

Russia and Ukraine agree to ceasefire in Black Sea, White House says

Summary

• The White House says Russia and Ukraine have agreed to ensure safe passage for commercial shipping in the Black Sea and stop military strikes

• Washington releases separate statements after American officials met representatives from both countries in Saudi Arabia

• Ukraine agrees to stop military force in the Black Sea, but says any movement of Russian naval vessels would be a violation of the agreement

• "It is too early to say that it will work, but these were the right meetings, the right decisions," says President Zelensky

• Meanwhile, Russia says certain sanctions on banks, insurers, and food exporters must be lifted before the ceasefire comes into force

• This is progress, writes our correspondent James Landale in Kyiv, but it's not exactly what the US wanted

• And our correspondent Frank Gardner - who was in Riyadh to report on the recent talks - says there are still many ways today's deal could unwind