Trilateral negotiations involving Russia, Ukraine, and the United States ended on November 11 in Abu Dhabi. The talks resulted in a humanitarian agreement for a large-scale prisoner exchange. However, they did not make progress toward resolving the ongoing conflict. Slawomir Debski, a visiting professor at the College of Europe in Natolin, stated, "The fundamental obstacle to ending this war is that neither belligerent currently sees an available peace settlement that would secure its essential interests at a lower cost than continuing to fight."
Key Details
US officials described the discussions as tough but productive. They emphasized the deep mistrust between Kyiv and Moscow. Despite the lack of progress on peace, the talks marked a shift. Washington aims to expand negotiations to include broader European security arrangements. US envoys Steve Witkoff and Jared Kushner plan to meet Russian President Vladimir Putin in Moscow on November 12. They will then discuss matters with Ukrainian President Volodymyr Zelenskyy in Dublin.
Background
The negotiations are taking place amid potential business deals. These include talks about waiving sanctions on Russian diesel and the sale of assets from the Russian energy giant Lukoil. However, analysts warn that these economic incentives are unlikely to change Putin's demands. His demands include limiting Ukraine's defenses and reshaping the security landscape in Europe.
The ongoing conflict and negotiations may affect energy markets, especially regarding Russian diesel and gas exports to Europe. Investors will closely monitor any developments that could impact supply or sanctions. The outcome of the meetings between US envoys and both Putin and Zelenskyy could influence future diplomatic efforts.
Based on reporting by: oilprice.com, nytimes.com