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Blinken: US Wants De-Escalation Before Biden-Putin Meeting Can Take Place

RUSSIA

LOCAL NEWS

  • Blinken says no plans have been made yet for Biden-Putin talks as both sides need to see progress on a diplomatic level on controversial issues.
    • “We want to see a de-escalation by Russia, that it is withdrawing its troops from the border with Ukraine. It is much more appropriate to conduct a conversation in a situation where there is de-escalation”
  • Goldman Sachs raised its forecast for Dutch gas prices for January/February to $45/$25/mmBtu from $17.60 previously.
    • New forecasts “reflect the need of higher demand destruction near-term,” following the recent halt in Russian gas flows through Yamal-Europe and limited capacity bookings from Gazprom for January
  • Russia confirms 25,907 new covid cases & 1,027 deaths. Also records 41 cases of omicron variant
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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