Putin says no final peace plan draft yet but open to talks

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Thursday, November 27, 2025 at 14:00 UTC+01:00 (+0100), Russia, Moscow

News category : Geopolitical Events

On November 27 Russian President Vladimir Putin stated that while he had seen various proposals, there was not yet a final peace-plan draft regarding the Ukraine conflict, but he remained open to dialogue. The remarks followed media reports of exploratory discussions and a U.S. draft proposal circulated earlier. Markets responded to the cautious tone: optimism about a quick settlement was softened, maintaining a material geopolitical risk premium in energy markets and defence sectors. Analysts noted that comments from high-level officials can quickly shift probabilities priced into sanctions, export flows and the forward curve for commodities.

Overall market impact

Strong mixed market impact - strength score : 80/100

Detailed breakdown of market impact over instruments, sectors, and asset classes

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Impacted instruments :

Energy markets

European defence equities

Sanctions-linked assets

Sovereign credit spreads

Commodity volatility

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