Ukraine war briefing: Kyiv and Moscow hold major prisoner exchange
Whitkoff says ‘significant work remains’ as second day of US-led peace talks in Abu Dhabi concludes: What we know on day 1,444
Ukraine and Russia concluded a second round of US-brokered talks in Abu Dhabi on Thursday aimed at ending Europe’s biggest conflict since the second world war, with the two sides conducting a major prisoner swap and agreeing to resume negotiations soon. But Steve Witkoff, Donald Trump’s special envoy involved in the talks, cautioned that “significant work remains” in the weeks ahead, dampening expectations of any swift move towards peace. The meetings marked the most substantive engagement between senior delegations from Kyiv and Moscow in months, pointing to a tentative, if uncertain, revival of diplomatic efforts nearly four years into the war.
US Treasury Secretary Scott Bessent on Thursday said more US sanctions against Russia depended on talks aimed at ending the nearly four-year-old Ukraine war. Bessent said he would consider new sanctions against Russia’s shadow fleet – a step Trump has not taken since returning to office in January 2025. His comments come after Ukraine and Russia concluded a second day of US-led talks in Abu Dhabi on Thursday without a breakthrough in ending the conflict. “I will take it under consideration. We will see where the peace talks go,” Bessent said at a Senate Banking Committee hearing. He said the Trump administration’s sanctions against Russian oil majors Rosneft and Lukoil had helped bring Russia to the negotiating table in the peace talks.
Ukrainian president Volodymyr Zelenskyy said the trilateral talks with the US and Russia were “not easy,” but insisted that Ukraine would remainconstructive and seek a fair deal to end to the Russian aggression. Kyrylo Budanov, the head of Ukraine’s presidential office, said the trilateral negotiations had been “genuinely constructive”, thanking the US and the United Arab Emirates for their role in mediating the talks. Russia’s representative, Kirill Dmitriev, similarly struck a positive note, saying there had been progress and “forward movement” in discussions on ending the war.
Separately, Russia has signalled its readiness to engage with more European leaders, saying it could “listen to any proposal” if it considered it a serious attempt to reopen diplomatic channels and not “pathetic” posturing.
Western sanctions are having a “significant impact” on the Russian economy, the EU’s sanctions envoy has said, ahead of the fourth anniversary of Moscow’s invasion of Ukraine. David O’Sullivan, a veteran Irish official, said sanctions were “not a silver bullet” and would always face circumvention, but insisted that after four years he was confident they were having an effect. “We may be, in the course of 2026, coming to a point where the whole thing becomes unsustainable, because so much of the Russian economy has been distorted so much by the building up of the war economy at the expense of the civil economy,” he told the Guardian in a rare interview. The Russian economy is thought to be under its greatest strain since the early days of the war. Oil revenues are plummeting, inflation is running at about 6% and interest rates at 16%.
Night-time shelling by Ukraine inflicted “serious damage” in the Russian city of Belgorod, near the border, the region’s governor said early on Friday. Vyacheslav Gladkov, in a video posted on Telegram after midnight, said city officials were holding an emergency meeting to devise a plan of action. “The enemy has shelled the civilian city of Belgorod. Everyone knows we have no military targets,” said Gladkov. “There has been serious damage. I have been out to look around.” A post on the unofficial Russian Telegram channel Mash, which has sources in the security services, said missiles had hit the city that lies about 40 km (25 miles) from the Ukrainian border and power had been cut in some districts.
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© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images