Ukrainian President Volodymyr Zelenskiy said Ukraine is ready for peace talks with Russia “in any format” once a ceasefire is in place.

The Financial Times reported that Russian President Vladimir Putin has offered to halt the war along current front lines, potentially backing off some territorial claims.

Talks are ongoing, with U.S., European, and Ukrainian officials set to meet in London.

Meanwhile, the U.S. reportedly proposed recognizing Russia’s annexation of Crimea and freezing front lines, a move Kyiv has not accepted, Reuters has reported.

President Trump warned he may abandon peace efforts if no breakthrough occurs soon.

Written by B.C. Begley