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.

Russia claims its withstanding the impact of sanctions. Sweden's finance minister said satellite images show a different story.

Russian President Vladimir Putin is ready to talk to US counterpart Donald Trump but is waiting for signals from Washington first, the Kremlin said on Friday, fuelling expectations the two would be

NATO Secretary-General Mark Rutte warned that restoring the alliance's credibility after a Russian victory in Ukraine could require trillions of dollars.

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,

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.”

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.

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.

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.

Trump said on Thursday he wanted to meet Putin as soon as possible to secure an end to the war with Ukraine and expressed his desire to work towards cutting nuclear arms, something the Kremlin said Putin had made clear he wanted too.

Speaking by video from the White House to the annual World Economic Forum in Davos, Switzerland, Mr Trump said on Thursday that the Opec+ alliance of oil exporting countries shares responsibility for the nearly three-year conflict in Ukraine because it has kept oil prices too high.

Moreover, the Kremlin said it wanted to resume nuclear disarmament talks with Trump’s administration “as soon as possible.”