Trump: US Envoys to Present Ukraine Peace Plan to Russia

This signals a shift from public posturing to formal US-brokered diplomacy, with high-level envoys carrying direct terms to Moscow. The choice of Witkoff and Kushner, both close to Trump, suggests the plan carries presidential weight, but its reception by Russia remains the key variable. For markets, any tangible step toward de-escalation could alter risk sentiment around European energy and defense assets, though the lack of detail on the plan's substance makes early positioning speculative. Whether Russia engages or stalls will determine if this is a genuine breakthrough or another diplomatic gesture.