Putin Claims War with Ukraine Approaching End

Quick summary

Putin stated that the war is approaching its end, but combat operations continue with full intensity — Russian troops are advancing slowly, the Ukrainian army is actively counterattacking with drones and artillery. Kyiv rejects the version about its own withdrawal from negotiations.

Why it matters

Putin's statements about the imminent end of the war could affect the hryvnia exchange rate, energy prices, and decisions about returning to Ukraine for millions of refugees. If negotiations are indeed taking place, this will impact plans for economic assistance from the West and the timeline for infrastructure reconstruction.

Key takeaways

• ›Putin declared the war with Ukraine is nearing its end, as reported by Iran's Hasht-e Subh Daily.
• ›Ukraine has rejected Putin's assertion that Kyiv is stepping back from peace negotiations, even as prisoner-exchange talks continue.
• ›Active fighting persists: Russian forces are making slow gains while Ukrainian forces conduct drone and artillery strikes.