The UK urged its Group of Seven allies to agree a cut to the price cap on Russian oil, saying the move is necessary to put further pressure on President Vladimir Putin to end Russia’s war in Ukraine.

The European Union and Britain on Tuesday rolled out a sweeping set of sanctions targeting what they call Russia's "shadow fleet", a covert network of tankers used to secretly move Russian oil across the globe.

The president announced that “Russia and Ukraine will immediately start negotiations toward a Ceasefire and, more importantly, an END to the War.”

Russia launched more than 100 drones into Ukraine following the conclusion of a phone call between Presidents Donald Trump and Vladimir Putin.

President Donald Trump said Monday that his two-hour call with Russian President Vladimir Putin “went very well” and that Russia and Ukraine will “immediately start” negotiating on a ceasefire and end to their war.

Ukraine’s President Volodymyr Zelensky might meet Russia’s President Vladimir Putin in Turkey on Thursday – if the Russian leader decides to show up for a summit that he himself suggested.

Ukrainian and Russian representatives will meet in Istanbul, Turkey, on Thursday, for their first meeting since the opening weeks of Moscow's 3-year-old invasion.

Kyiv’s European allies have slapped new sanctions on Moscow, a day after a phone call between U.S. President Donald Trump and Russian President Vladimir Putin failed to produce a breakthrough on ending the 3-year-old war in Ukraine.