Russian Deputy Foreign Minister Sergey Ryabkov told ABC News during an exclusive interview in Moscow on Monday that he believes the warring parties are close to a deal.

Russian crude prices are at their lowest since the war in Ukraine began, as sanctions deepen the discounts the nation’s oil industry needs to offer and benchmark futures tumble.

President Donald Trump on Monday described an end to the war in Ukraine as closer than ever, with American officials earlier in the day suggesting beefed-up security guarantees for Kyiv had advanced the peace talks — but that the US offer would not be on the table forever.

As it tries to demonstrate its continuing ability to fight, Ukraine said it had used drones to inflict serious damage on a Russian Kilo-class submarine at a Black Sea port.

The sweeping peace framework features “Article Five-like” security guarantees, a multibillion-dollar rebuilding plan, progress on tough territorial disputes, and a possible 50/50 split of the

Ukraine could receive security guarantees modeled on NATO’s Article 5 mutual defense pledge under a proposed peace deal with Russia, U.S. officials said on Monday — an unprecedented offer aimed at ending the war sparked by Moscow’s 2022 invasion.

Germany is ramping up its military operations amid security concerns over the Russia-Ukraine war. German Defense Minister Boris Pistorious talked about the rearming on "60 Minutes." Isaac Stanley Becker,

Russia’s central bank has launched a major damages claim against Euroclear as the EU considers deploying frozen Russian assets to support Ukraine.