Recent U.S.-brokered trilateral talks between Russia, Ukraine, and the United States took place November 10–11 in Abu Dhabi, the first such session since February, focusing on security guarantees, territorial issues, and humanitarian measures without a breakthrough. European representatives attended for coordination but did not join the core trilateral format, consistent with prior Russian positions. In follow-on diplomacy, U.S. envoys reported that President Putin signaled openness to European participation in the next round, prompting EU leaders to unify on representation by the E5 group (France, Germany, Italy, Poland, and the United Kingdom) plus EU institutions and NATO. This sequence has shifted trader focus toward the timing and format of any expanded Russia-Ukraine-EU meeting.