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Oil rises as report says Russia plans further Ukraine escalation

The report also claims negotiating frameworks have collapsed, with speculation of an additional 300,000 Russian draftees.

Reported · Written up by our desk · Major Pairs

Forexlive reports that optimism after a CIA visit to Moscow has faded, with a new account suggesting Russia plans further escalation in Ukraine and that negotiating frameworks have collapsed.

The outlet also points to rumors that Russia could draft an additional 300,000 people, describing the developments as likely being leaked to increase pressure for concessions.

According to Forexlive, oil is moving higher on the escalation report, reflecting heightened market concern about whether the war can end soon.

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Sources

ForexlivePutin said to plan Ukraine escalation after seeing talks as fruitless

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