doubtful<\/a> that the peace plan, which is thought to be favorable toward Russia, would be backed by Ukraine. <\/p>\nGuntram Wolff, senior fellow at Bruegel, a Brussels-based think tank, was among those skeptical about whether the proposed peace plan could lead to a deal.<\/p>\n
“I think it’s always good to talk each other so in that sense it’s a good development but I have to say when I saw the details of this supposed peace plan, I really don’t think it can fly,” Wolff told CNBC’s “Europe Early Edition” on Friday. <\/p>\n
“Because at the core, what it says is that Ukraine should give up significant parts of its military personnel, meaning the military personnel would decrease by something like a third from 900,000 to 600,000,” he added. <\/p>\n
A general view of a PJSC Lukoil Oil Company storage tank at an oil terminal located on the Chaussee de Vilvorde on October 30, 2025 in Brussels, Belgium.<\/p>\n
Thierry Monasse | Getty Images News | Getty Images<\/p>\n
Strategists at Saxo Bank said in a research note that oil prices had come under pressure on Friday as the U.S. steps up its push for Ukraine “to accept the terms of a draft plan to end the war it has pieced together with Russia, even as sanctions are set to hit Russian crude from largest producers Rosneft and Lukoil.”<\/p>\n
Alongside the peace plan noise, energy market participants closely monitored the potential impact of U.S. sanctions against Russian oil producers Rosneft and Lukoil, with the measures taking effect from Friday, a stronger U.S. dollar and expectations for the Federal Reserve’s upcoming interest rate decision.<\/p>\n","protected":false},"excerpt":{"rendered":"This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on…\n","protected":false},"author":2,"featured_media":146203,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[30271,357,35951,4406,6420,54,1435,31011,42,30937,43,16755,1593,18782,42684,40,38,41,39,1594,1032,2637,6677,30938],"class_list":["post-146202","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-bp-plc","tag-business-news","tag-chevron-corp","tag-defense","tag-donald-j-trump","tag-donald-trump","tag-energy","tag-exxon-mobil-corp","tag-headlines","tag-ice-brent-crude-oct25","tag-news","tag-oil-and-gas","tag-russia","tag-shell-plc","tag-siemens-energy-ag","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-ukraine","tag-united-states","tag-vladimir-putin","tag-volodymyr-zelenskyy","tag-wti-crude-sep25"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/146202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=146202"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/146202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/146203"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=146202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=146202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=146202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}