British Prime Minister Keir Starmer said late Monday that any Ukraine peace deal would require a "US backstop" to deter Russia from attacking its neighbor again, per Reuters.
Key quotes
A US security guarantee was the only way to effectively deter Russia.
The future of Ukraine is an existential issue for Europe.
It is pressing that they now share the burden.
Europe must play its role.
There must be a US backstop.
Market reaction
At the press time, the Gold price is up 0.07% on the day to trade at $2,899.
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