{"id":130416,"title":"Ukraine peace talk optimism knocks oil to lowest level since May","publisher":"Share Talk","author":"sharetalk","published":"2025-12-16T09:27:38+00:00","modified":"2025-12-16T09:27:38+00:00","canonical_url":"https://www.share-talk.com/ukraine-peace-talk-optimism-knocks-oil-to-lowest-level-since-may/","markdown_url":"https://www.share-talk.com/ukraine-peace-talk-optimism-knocks-oil-to-lowest-level-since-may.md","json_url":"https://www.share-talk.com/ukraine-peace-talk-optimism-knocks-oil-to-lowest-level-since-may.json","category":"Blogs","categories":["Blogs","Energy"],"tags":["Brent Crude","FRANCE","GERMANY","oil","peace talk","Russia","UK","Ukraine","USA"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/12/GI8ppMVWgAAzrMF.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"Oil prices have fallen to their lowest level in seven months amid growing hopes of a peace deal between Russia and Ukraine.\n\nBrent crude slipped 1% to $59.90 a barrel, its weakest level since early May, as markets reacted to diplomatic developments in Europe.\n\nThe move followed comments from European leaders indicating they are prepared to lead a “multinational force” in Ukraine as part of a US-backed peace proposal.\n\nIn a joint statement, the UK, France, Germany and eight other European countries said a “coalition of the willing”, supported by the US, could help rebuild Ukraine’s armed forces, secure its airspace and support maritime safety, including operations inside Ukraine.\n\nThe plan forms part of a broader package of security guarantees endorsed by the White House, which US and European officials say could represent a breakthrough in efforts to end the conflict.\n\nHowever, major disagreements remain, particularly over the future status of Ukrainian territories currently occupied by Russian forces."}