US-Russia Talks on Ukraine War
Analysis based on 6 articles · First reported Feb 18, 2025 · Last updated Feb 19, 2025
The direct talks between the United States and Russia, aimed at ending the war in Ukraine, could significantly impact global markets by reducing geopolitical uncertainty. A successful resolution could lead to the easing of sanctions on Russia, potentially affecting energy markets and global trade dynamics, while also influencing defense sector investments.
The United States and Russia held direct talks in Riyadh, Saudi Arabia, on February 18, 2025, to discuss ending the war in Ukraine and improving diplomatic and economic ties. U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov agreed to pursue three goals: restoring embassy staffing, creating a high-level team for Ukraine peace talks, and exploring closer relations. This meeting marks a significant shift in U.S. foreign policy under President Donald Trump, moving away from previous efforts to isolate Russia. Ukraine, led by President Volodymyr Zelenskyy, was not present at the talks, leading to concerns from Kyiv and European allies about being sidelined. Despite the diplomatic efforts, Russia continued its drone attacks on Ukraine. The talks were hosted by Saudi Arabia, highlighting Crown Prince Mohammed bin Salman's diplomatic ambitions.
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