U.S. Treasury Secretary Scott Bessent told Russian Finance Minister Anton Siluanov on the sidelines of the G20 summit that no economic deals with Russia would be possible as long as the war in Ukraine continues. This statement reinforces the international stance against any arrangement with Moscow following its full-scale invasion of Ukraine in 2022. Diplomatic contacts remain limited, with Russian officials consistently rejecting ceasefire terms. The prediction market currently prices the likelihood of a ceasefire agreement by the end of 2026 at just 19.5 percent.
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