Key insights
- Russia proposed halting intelligence sharing with Iran if the US stops providing intelligence to Ukraine. The US rejected the offer. This raises concerns about transatlantic relations. The US equity market impact is slightly negative due to increased geopolitical uncertainty, but the direct financial impact appears limited.
Investing.com -- Russian envoy Kirill Dmitriev proposed that Moscow would stop sharing intelligence information with Iran in exchange for Washington ceasing to supply Ukraine with intelligence about Russia, according to a report from Politico, citing two people familiar with the negotiations.
The proposal was made to Trump administration envoys Steve Witkoff and Jared Kushner during a meeting last week in Miami. Under the proposed arrangement, Russia would halt sharing precise coordinates of U.S. military assets in the Middle East with Iran if the U.S. stopped providing Ukraine with intelligence regarding Russia.
The U.S. rejected the proposal, the people said.
The proposal has raised concern among European diplomats, who fear Moscow is attempting to drive a wedge between Europe and the U.S. at a critical moment for transatlantic relations.
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