Oil rises as EU considers Russian ban; Moscow stock exchange starts phased reopening – live

Volatility levels have come down quite a bit from levels seen in the immediate aftermath of the Russian invasion of Ukraine, with stock markets on both sides of the Atlantic having their best week since 2020.

There appears to be a growing gap between what the markets are doing and what is happening on the ground in Ukraine, and the increasingly brutal measures Russian forces are taking to reduce resistance to their occupation, including the use of hypersonic missiles.

While the markets seem to focus on peace talks taking place, there is also little evidence that they are actually going anywhere, given the distance between the two sides as to what they will accept, as Ukrainian President Zelensky said over the weekend. that Ukraine would not give up Lugansk or Donetsk in the east of the country.