The Kremlin has declared that the sanctions package signed by US President Donald Trump will not lead to better relations between the United States and Russia, nor will it promote peace in the ongoing conflict in Ukraine. The United States is targeting key Russian sectors such as energy, defense, and banking. This announcement suggests skepticism about diplomatic progress, especially given that the conflict between Russia and Ukraine has persisted since Russia’s full-scale invasion in 2022. As a result, markets have lowered the odds for a ceasefire agreement between Russia and Ukraine by December 31, 2026, now standing at 20.5%, down from 22% the previous week.
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