Signs of ‘progress’ in Russia-Ukraine talks, stock markets rally, oil dives

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Russia today promised the peace talks to reduce its military operations around Kyiv and North Ukraine City Chernihiv, while Ukraine proposed neutral status with international guarantees to protect it from attacks. Negotiators of Ukraine stated Tuesday that sufficient progress was made in talks to resolve conflicts with Russia to allow meetings between the president of the two countries

Benchmark Benchmark Brent Crude and New York WTI Sinks around 6.5 percent because traders spy on the easing of Russian oil supply fears in the midst of Istanbul talks face to face to complete a fight for almost five weeks.

European main stock markets surged higher, with Frankfurt jumped 3.5 percent, Paris won 3.1 percent and London added 1.2 percent.

The conversation held in Istanbul is currently the first face-to-face meeting between the parties since March 10. Russia launched an invasion to Ukraine on February 24.

Ukrainian negotiator said they have proposed the status where their country will not join the alliance or host of a host of foreign troops, but will have security guaranteed in a manner similar to “Article 5”, the Collective NATO defense clause.

They identified Israel and members of NATO Canada, Poland and Turkey as a country that could help provide these guarantees.

European main stock markets surged higher, with Frankfurt jumped 3.5 percent, Paris won 3.1 percent and London added 1.2 percent.

The conversation held in Istanbul is currently the first face-to-face meeting between the parties since March 10. Russia launched an invasion to Ukraine on February 24.

They identified Israel and members of NATO Canada, Poland and Turkey as a country that could help provide these guarantees.