Stock markets diverged Monday ahead of talks between US President Donald Trump, Ukrainian counterpart Volodymyr Zelensky and European leaders aimed at ending Russia's war in Ukraine.

The talks are a follow-up summit to Trump's meeting with Russian President Vladimir Putin in Alaska, which failed to produce a ceasefire.

Zelensky, who is under pressure from Trump to give up Crimea and abandon its NATO ambitions, said ahead of the gathering in Washington that Russia "should not be rewarded" for its war.

London, Paris and Frankfurt stock markets were all lower in midday trading on Monday.

"The focus is still on Ukraine this morning, as the world reacts to the Trump-Putin summit in Alaska last Friday," said Jim Reid, managing director at Deutsche Bank.

Oil prices fluctuated as investors we

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