Zelenskyy proposes energy ceasefire talks with Trump, Putin amid conflict

Ukrainian President Volodymyr Zelenskyy has proposed a trilateral meeting with U.S. President Donald Trump and Russian President Vladimir Putin to negotiate an “energy ceasefire” as a step towards de-escalating the ongoing conflict with Russia. This announcement marks a shift towards direct diplomacy, focusing on halting attacks on critical energy infrastructure. While active hostilities continue, Zelenskyy’s initiative suggests a move from military confrontations to high-level diplomatic efforts. Market pricing in prediction markets reflects this development, suggesting increased expectations for a potential ceasefire agreement. The call for a trilateral meeting comes amid ongoing military activity and diplomatic involvement from the U.S. The focus on an “energy ceasefire” indicates an interest in limiting the conflict’s impact without addressing broader territorial or political disputes. This limited scope of negotiations may impact market perceptions of a comprehensive peace agreement. Current market data show a slight increase in the likelihood of a ceasefire agreement being reached by December 31, 2026. Markets currently price a 21% likelihood of a ceasefire agreement by the e...