U.S. President Joe Biden has agreed in principle to attend a summit with Russian President Vladimir Putin, as long as Russia doesn’t invade Ukraine, the White House said. Oil and gold gave up early gains on the U.S. statement, which offered fresh hope for a peaceful resolution to the standoff even as there was no immediate response from the Kremlin. News of a possible summit came after Russia and Belarus said joint military drills due to end last weekend were being extended. Russia has repeatedly denied it plans to invade Ukraine, calling such claims propaganda and “hysteria.” — Russia said Monday there were “no concrete plans” yet for a summit between Vladimir Putin and U.S. President Joe Biden, hours after the White House said it had agreed in principle to a meeting to help resolve the standoff over Ukraine. NN: Obviously Putin is buying time…. NATO, Europe and the US are starting to wear down……. This was 5 years in the planning by Putin