In a new escalation of the Ukraine crisis, President Volodymyr Zelensky has rejected a Russian proposal to cede the Donbas region in exchange for a ceasefire, calling it “unacceptable” and insisting on strong international security guarantees in any agreement.
This hardline stance comes just days before the highly anticipated summit between US President Donald Trump and Russian President Vladimir Putin in Alaska a meeting that could reshape the course of the war.
Meanwhile, Zelensky is holding intense consultations with European leaders, including the French President and the German Chancellor, to unify Europe’s position against Russian pressure.
Global markets particularly energy and currency markets are on alert. Any breakthrough or escalation could trigger sharp moves in oil, gas, and gold prices, as investors often turn to commodities as safe haven assets in times of geopolitical uncertainty.
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