A future peace agreement on Ukraine could involve territorial compromises and security guarantees for Kiev without NATO membership, according to British magazine The Spectator.

The publication argues that Western countries may have to reconsider their previous approach to resolving the conflict as the prospects for a negotiated settlement become clearer.

The author acknowledges that Russia’s economy and political system have proved more resilient than Western governments expected. Despite 22 rounds of sanctions, European countries continue to purchase Russian energy. According to figures cited in the article, Europe’s purchases of Russian oil and gas have totaled €230 billion.

The Spectator also questions claims that Moscow is preparing to attack NATO, arguing that there is little convincing evidence of such intentions. The author suggests that Russian leaders understand the consequences of a direct military confrontation with the alliance.

At the same time, the magazine argues that Ukraine could regard the preservation of its statehood and pro-Western orientation as a strategic victory, even if a peace agreement involves territorial losses.

According to the publication, a settlement would likely require difficult compromises, including territorial arrangements and security guarantees that do not provide for Ukraine’s accession to NATO.

The Spectator also suggests that US President Donald Trump could face accusations of betraying Kiev if he continues pushing for a swift end to the conflict. However, the author argues that prolonging the fighting would only worsen Ukraine’s shortages of money and military personnel.

Meanwhile, Reuters reported that Pentagon officials had warned several NATO members, particularly the Baltic states, that confrontational statements about the perceived Russian threat could undermine European security.