Russian equities rally to 2500 as short-covering follows Abu Dhabi talks, oil rebound

The Moscow Exchange index rose to 2500 points, driven by short-covering after trilateral Russia-US-Ukraine talks in Abu Dhabi concluded without breakthroughs but left room for a potential ceasefire. Brent crude futures above $94 per barrel added support. The move reflects market positioning rather than fundamental shifts, with uncertainty remaining over the war's trajectory.

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