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Putin Cites Chance of Peace Deal, Kyiv Sees 'New Dynamic'
Putin said several countries could back a settlement as Chicago wheat futures fell more than 2% on the remarks, traders said.
Russian President Vladimir Putin said there was a chance of reaching an agreement to end the war in Ukraine, while Ukrainian Foreign Minister Andrii Sybiha told reporters in Kyiv that he expected a "new dynamic" in peace efforts.
While the Kremlin leader acknowledged that countries including China are ready to support a peace settlement, intelligence channels remain the primary conduit for ongoing contact between the parties.
Indian Foreign Minister Jaishankar, speaking alongside Sybiha in Kyiv, said "If India can be of any help, in any manner, we are there." Prime Minister Narendra Modi told Putin on Monday that the war needed to end for humanity's sake.
Complicating the peace efforts, Putin labeled Ukrainian attacks on civilian merchant ships and "reported threats of attacks on civilian aircraft" as "acts of state terrorism," which he said "complicates the prospects for bilateral peace talks."
Escalating hostilities continue to impact global markets, with Chicago wheat futures dropping by more than 2% following comments from the Kremlin, even as diplomatic efforts seek resolution.
Russian President Vladimir Putin said Thursday that there is a chance to reach an agreement to put an end to the war in Ukraine, while Kiev said it is expecting a "new dynamic" in peace efforts, Reuters reports.