US diplomatic efforts have centered recent speculation on the United Arab Emirates after Washington proposed trilateral technical-level talks there, a venue that hosted earlier 2026 rounds in Abu Dhabi. Russian officials remain open to renewed negotiations but cite unresolved territorial and security demands as barriers, while Ukrainian statements emphasize reciprocity on issues such as energy infrastructure and Black Sea navigation. Multiple neutral European and Middle Eastern sites retain support due to historical precedents in Istanbul, Geneva, and elsewhere, alongside uncertainty over timing and format. Trader positioning reflects these dispersed diplomatic signals, with no single location yet confirmed and resolution hinging on whether US-brokered momentum produces a scheduled meeting before year-end deadlines or stalls amid ongoing military operations.