Defense and energy in focus as Trump pushes Ukraine toward peace deal

U.S. and Ukraine Relations: President Trump has indicated a desire for Ukraine to quickly pursue peace with Russia, potentially leading to reduced U.S. support for Kyiv in favor of economic opportunities with Moscow, as Ukrainian President Zelenskiy visits Washington for discussions with European leaders.

Market Implications: Defense stocks have surged since the Russian invasion, while energy markets remain sensitive to geopolitical developments, particularly regarding U.S.-Russia Arctic drilling potential, which could significantly impact global oil and gas reserves.