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Live Updates  >  Live Update Details

2025-12-12 17:51:58

[Geopolitical undercurrents surge, US-Russia-Ukraine rivalry affects oil market nerves] ⑴ Kremlin foreign policy aide Yuri Ushakov said on Friday that Russia has not yet seen the revised draft proposal from the US following the latest round of talks with Ukraine. ⑵ Ushakov, commenting to reporters, hinted that Russia might not like many of its contents, adding that the Kremlin needs to see the results of the "positive brainstorming" planned this weekend by European and Ukrainian officials. ⑶ This statement was a response to Ukrainian President Zelensky's statement on Wednesday, in which Zelensky said that Kyiv had reached an agreement on key points of the post-war reconstruction plan during talks with relevant senior US officials. ⑷ The US proposal to establish an investment fund in Ukraine is a core aspect of the reconstruction plan, targeting sectors including rare metals. ⑸ Russian Foreign Minister Lavrov said on Thursday that there are no unresolved "misunderstandings" with Washington on the Ukraine issue, but emphasized that Moscow wants any peace plan to include collective security guarantees for all parties involved. (6) Subsequent developments, especially the outcome of the competition between the US and Russia over security guarantees and economic interests, may affect the prospects for regional stability and thus disrupt the risk premium in the global crude oil market.

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0.54

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0.76

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