US-Europe Draft Peace Plan Calls for Russian Energy Flow and Revenue Share with Ukraine
The United States and several European nations are shaping a peace proposal for Ukraine that would restart Russian oil and gas shipments to Europe and split the earnings with Kyiv.
A joint US-European initiative is shaping a comprehensive peace framework for Ukraine that envisions the resumption of Russian crude oil and natural-gas deliveries to Europe via an unspecified pipeline, with the resulting income divided between Russia and Ukraine. The proposal, outlined by a senior US official, also calls for massive reconstruction funded by the World Bank and BlackRock, and guarantees Ukrainian security through US and European military support consistent with NATO’s Article 5.
In exchange, Russia would receive concessions on its security concerns and a phased rollback of economic sanctions. The plan stipulates a cease-fire along the existing front line, effectively leaving currently occupied Ukrainian territories under Russian administration. Negotiations took place during a six-hour meeting in Florida organized by President Donald Trump’s special envoy Steve Witkoff, with participation from Ukrainian, British, French and German representatives and involvement from Jared Kushner. The arrangement remains under discussion, and Russia’s acceptance is uncertain.
Why it matters
It could reshape Europe's energy supply, alter sanctions on Russia, and determine Ukraine's post-war future.
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