Ukraine ambassador to UK: Ready for concessions to avoid war, but nothing to do with NATO

Vadym Prystaiko, Ukraine’s ambassador to the UK, said in a statement on Monday, “to avoid war, we are ready for many concessions.”

Additional quotes

“But they have nothing to do with NATO.”

“Commitment to NATO membership is enshrined in Ukrainian constitution.”

“Ukraine not delaying ambitions to join NATO.”

Market reaction

The risk sentiment is in a very sensitive spot, as markets continue to watch over the Russia-Ukraine developments.

WTI is correcting from multi-year highs, now losing 0.92% on the day to trade at $91.34, as investors try to find comfort from these above headlines.