Editor's PiCK
"U.S. and Russia Push for Ukraine Territorial Agreement… Chances of Trump-Putin Summit Soar to 84%"
Summary
- It was reported that the United States and Russia are coordinating a territorial agreement for Ukraine.
- It was revealed that the likelihood of a Trump-Putin summit has soared to 84%.
- The news of the agreement push led to a decline in international oil prices.
The likelihood of a summit between U.S. President Donald Trump and Russian President Vladimir Putin has risen sharply. It is reported that the U.S. and Russia are coordinating a territorial agreement that includes freezing the front lines in Ukraine.
According to the prediction market platform Kalshi, as of the 8th (local time), the probability of a Trump-Putin summit being held in 2025 has surged from around 50% to 84%. This is the steepest increase so far this year.
According to international economic news channels such as Walter Bloomberg, U.S. and Russian officials are reportedly discussing concrete territorial adjustment plans to agree on for the early holding of a summit. The summit could take place as early as next week.
It is reported that the agreement may include Russia halting its offensive in the southern Ukrainian regions of Kherson and Zaporizhzhia based on current front lines. The agreement is likely to, in effect, recognize the Russian-occupied territories.
Following the news of the summit initiative, international oil prices fell. Brent Crude futures briefly dropped below $80 per barrel on the same day.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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