Russian President Vladimir Putin has stated that he agrees Donald Trump's Ukraine peace plan can be used as a basis for future agreements. The report accompanying this statement notes that this development suggests Europe's deadliest war since World War II may be nearing its end, signaling a significant diplomatic opening. Market observers are monitoring these geopolitical developments closely, as a de-escalation in the region could significantly impact global risk sentiment and energy markets. The acceptance of the plan as a framework for negotiation marks a pivotal moment in the ongoing conflict. [Update 1] Additional reports have confirmed Putin's agreement to the peace plan framework. The focus has widened to include the potential impact on global markets, with analysts suggesting that reduced geopolitical risk could stabilize energy prices and improve risk sentiment.