Peace Deal Talks Shake Up Oil Markets
Update: 2025-12-23
Description
Peace talks in Ukraine gain momentum, impacting global oil markets. U.S. and Ukrainian officials reach consensus on a twenty-point peace plan, with Ukraine potentially dropping NATO membership push for security guarantees. Russia open to Ukraine joining EU, but still seeks territorial concessions. Trump optimistic about deal, but sanctions relief could take months to years. Any price drop muted due to EUs REPowerEU plan for energy independence.
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