According to Bloomberg News, the United States and Russia are working toward an agreement aimed at halting the war in Ukraine by formalising Russia’s occupation of territories seized during its invasion.
Officials from both countries are preparing for a possible summit between President Donald Trump and Russian President Vladimir Putin as early as next week.
While a White House official called the report speculative and the Kremlin declined to comment, Trump indicated that the deal might involve territory exchanges beneficial to both sides.
"I'll be meeting very shortly with President Putin. It would have been sooner, but I guess there are security arrangements that unfortunately people have to make," Trump said.
The president also announced plans to reveal details about the summit soon.
Ukrainian President Volodymyr Zelenskyy, without directly addressing the report, expressed the U.S.’s commitment to a ceasefire and stressed the need for collective efforts to secure lasting peace.
Zelenskyy acknowledged ongoing communications with international leaders, including the U.S., emphasizing the possibility of a ceasefire if sufficient pressure is applied to Russia.
Ukraine has shown some flexibility in negotiations but losing roughly 20% of its territory would be politically and emotionally difficult.
Experts like former U.S. State Department official Tyson Barker predict that Ukraine would likely reject any deal cementing Russia’s gains, instead maintaining firm conditions for peace while appreciating U.S. support.
"The best the Ukrainians can do is remain firm in their objections and their conditions for a negotiated settlement, while demonstrating their gratitude for American support," said Barker, a senior fellow with the Atlantic Council.
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Russian President Vladimir Putin met U.S. envoys Steve Witkoff and Jared Kushner in the Kremlin on Tuesday, marking the highest-level contact yet in Donald Trump’s push to broker a deal to end the war in Ukraine.
Outlined draft peace proposals discussed by the United States and Ukraine could become the basis of future agreements to end the conflict in Ukraine, but if not, Russia would fight on, Russian President Vladimir Putin said on Thursday.
At least 26 people have been killed and many were listed as missing in a Russian drone and missile attack overnight that hit apartment buildings in the western Ukrainian city of Ternopil, Ukraine's interior minister Ihor Klymenko said on Wednesday.
The U.S. has signalled to President Volodymyr Zelenskyy that Ukraine must accept a U.S.-drafted framework to end the war with Russia that proposes Kyiv giving up territory and some weapons, two people familiar with the matter said on Wednesday.
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U.S. President Donald Trump said he would impose a 200% tariff on French wines and champagnes after France declined to join his proposed Board of Peace on Gaza initiative.
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Dozens of beaches along Australia's east coast, including in Sydney, closed on Tuesday (20 January) after four shark attacks in two days, as heavy rains left waters murky and more likely to attract the animals.
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and state-run PDVSA documents show, with shipments accelerating after Washington eased its blockade — but not enough for PDVSA to fully reverse output cuts.
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Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in Donald Trump’s proposed ‘Board of Peace’.
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