Ukraine peace plan would surrender Donbas and halve its armed forces

There are more details on the 28-point peace plan the US has floated to Russia and Ukraine.

It would require Ukraine to abandon the Donbass region that it still controls. The full details aren’t revealed but it would likely include all of the Donetsk region.

Ukraine would also be required to cut the size of its armed forces in half along with abandoning key categories of weaponry. It would also remove some US military assistance.

In return, Ukraine would get some security guarantees.

The report says that Ukraine was likely to reject the proposal as it favored Russia.

Oil prices fell on earlier reports of the plan.

This article was written by Adam Button at investinglive.com.