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.

Ukrainian President Volodymyr Zelenskyy and 34 other countries have formally approved plans to create a compensation body for damages caused by Russia's invasion.

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

U.S. administration officials signaled Monday a peace deal between Russia and Ukraine may be closer than ever.

Europe launched an International Claims Commission for Ukraine on Tuesday in an effort to ensure Kyiv is compensated for hundreds of billions of dollars in damage from Russian attacks and alleged war crimes.

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.

The Kremlin has described Ukraine’s push to join NATO as one of the “root causes” of the conflict. U.S. President Donald Trump has ruled out Ukrainian membership in the Western defensive alliance. Zelensky is searching for compromises that could secure a peace deal to end Russia’s ongoing invasion.

A drone attack in Russia's Saratov region has killed at least two people and damaged a residential building. Local authorities reported the incident on Saturday.