At the World Economic Forum in Davos, US President Donald Trump stated that Ukraine is ready for a peace deal, but the next move is up to Russia. He urged Moscow to end the conflict and warned of new sanctions and tariffs if peace is not achieved.

The Kremlin says a settlement in Ukraine can't be facilitated by a drop in global oil prices as U.S. President Donald Trump has suggested.

Russian President Vladimir Putin is ready to hold a phone call with U.S. President Donald Trump and Moscow is waiting for word from Washington that it is ready too, Kremlin spokesperson Dmitry Peskov said on Friday.

Speaking a day after Trump’s inauguration, Ukraine’s president told world leaders at Davos that Europe needs to remain united and “learn how to take care of itself.”

DAVOS, Switzerland — Donald Trump directly blamed Vladimir Putin for the fact the war in Ukraine is still raging — a day after threatening massive tariffs and sanctions on Russian products if he fails to make a deal to end the conflict.

Russia has given its first response to Donald Trump’s ultimatum calling on Vladimir Putin to engage in peace talks or see his Ukraine invasion end “the hard way”.Writing on his Truth Social platform days after re-entering the White House,

NATO Secretary-General Mark Rutte has warned that a Russian victory over Ukraine would undermine the dissuasive force of the world’s biggest military alliance and could cost trillions of dollars to restore the organization's credibility.

Russia launched a barrage of drones in an overnight attack on Ukraine on Friday, killing three civilians and damaging residential and commercial buildings, officials said.

President Donald Trump has given everyone at Davos something to talk about with his actions on the first day of his second term.

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

The attack came as South Korea’s military said North Korea is preparing to send more troops to join Russia’s fight against Ukraine, despite Pyongyang suffering a high rate of losses among its existing deployment of 11,000 and seeing some of its soldiers captured.

The Kremlin said Thursday it saw nothing new in US President Donald Trump's calls for Russia to end its military offensive in Ukraine, and that Moscow was ready for "mutually respectful" dialogue with him.