The Kremlin has stated that new U.S. sanctions against Russia could complicate efforts to achieve a peaceful resolution to the conflict in Ukraine. The United States has specifically targeted Russia’s energy and defense sectors, particularly its oil revenues. According to the Kremlin, these economic measures undermine negotiations and reduce prospects for a ceasefire agreement. Market pricing currently reflects only a 22.5% probability of a ceasefire between Russia and Ukraine being reached by December 31, 2026.
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