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Zelenskiy Says Ukraine Ready to Move Forward With US-Backed Peace Plan
A rescuer walks next to a body of a resident killed by a Russian missile strike at a compound of the supermarket warehouse, amid Russia’s attack on Ukraine, in Kyiv, Nov. 25, 2025. Photo: Press service of the State Emergency Service of Ukraine/Handout via REUTERS
Ukrainian President Volodymyr Zelenskiy said on Tuesday that Kyiv was ready to move forward with a US-backed peace deal, and that he was prepared to discuss its sensitive points with US President Donald Trump in talks he said should include European allies.
In a speech to the so-called coalition of the willing, a copy of which was seen by Reuters, Zelenskiy urged European leaders to hash out a framework for deploying a “reassurance force” to Ukraine and to continue supporting Kyiv for as long as Moscow shows no willingness to end its war.
Ukraine had signaled earlier in the day support for the framework of a peace deal with Russia but stressed that sensitive issues needed to be fixed at a meeting between Zelenskiy and Trump.
Kyiv’s message hinted that an intense diplomatic push by the Trump administration could be yielding some fruit but any optimism could be short-lived, especially as Russia stressed it would not let any deal stray too far from its own objectives.
US and Ukrainian negotiators held talks on the latest US-backed peace plan in Geneva on Sunday. US Army Secretary Dan Driscoll then met on Monday and Tuesday with Russian officials in Abu Dhabi, a spokesperson for Driscoll said.
US and Ukrainian officials have been trying to narrow the gaps between them over the plan to end Europe’s deadliest and most devastating conflict since World War II, with Ukraine wary of being strong-armed into accepting a deal largely on the Kremlin’s terms, including territorial concessions.
“Ukraine – after Geneva – supports the framework’s essence, and some of the most sensitive issues remain as points for the discussion between presidents,” a Ukrainian official said.
Zelenskiy could visit the United States in the next few days to finalize a deal with Trump, Kyiv’s national security chief Rustem Umerov said, though no such trip was confirmed from the US side.
White House press secretary Karoline Leavitt said on X that over the past week the US had made “tremendous progress towards a peace deal by bringing both Ukraine and Russia to the table.” She added: “There are a few delicate, but not insurmountable, details that must be sorted out and will require further talks between Ukraine, Russia, and the United States.”
Oil prices extended an earlier decline after reports of Ukraine potentially agreeing to a war-ending deal.
Underlining the high stakes for Ukraine, its capital Kyiv was hit by a barrage of missiles and hundreds of drones overnight in a Russian strike that killed at least seven people and again disrupted power and heating systems. Residents were sheltering underground wearing winter jackets, some in tents.
ZELENSKIY: WILL DISCUSS SENSITIVE ISSUES WITH TRUMP
US policy towards the war has zigzagged in recent months.
A hastily arranged summit between Trump and Russian President Vladimir Putin in Alaska in August raised worries in Kyiv and European capitals that the Trump administration might accept many Russian demands, though the meeting ultimately resulted in more US pressure on Russia.
The 28-point plan that emerged last week caught many in the US government, Kyiv, and Europe alike off-guard and prompted fresh concerns that the Trump administration might be willing to push Ukraine to sign a peace deal heavily tilted toward Moscow.
The plan would require Kyiv to cede territory beyond the almost 20% of Ukraine that Russia has captured since its February 2022 full-scale invasion, as well as accept curbs on its military and bar it from ever joining NATO – conditions Kyiv has long rejected as tantamount to surrender.
The sudden push has raised the pressure on Ukraine and Zelenskiy, who is now at his most vulnerable since the start of the war after a corruption scandal saw two of his ministers dismissed, and as Russia makes battlefield gains.
Zelenskiy could struggle to get Ukrainians to swallow a deal viewed as selling out their interests.
He said on Monday the latest peace plan incorporated “correct” points after talks in Geneva. “The sensitive issues, the most delicate points, I will discuss with President Trump,” Zelenskiy said in his nightly video address.
Zelenskiy said the process of producing a final document would be difficult. Russia‘s unrelenting attacks on Ukraine have left many skeptical about how peace can be achieved soon.
“There was a very loud explosion, our windows were falling apart, we got dressed and ran out,” said Nadiia Horodko, a 39-year-old accountant, after a residential building was struck in Kyiv overnight.
“There was horror, everything was already burning here, and a woman was screaming from the eighth floor, ‘Save the child, the child is on fire!’”
MACRON WARNS AGAINST EUROPEAN CAPITULATION
Russian Foreign Minister Sergei Lavrov said an amended peace plan must reflect the “spirit and letter” of an understanding reached between Putin and Trump at their Alaska summit.
“If the spirit and letter of Anchorage is erased in terms of the key understandings we have established then, of course, it will be a fundamentally different situation [for Russia],” Lavrov warned.
A group of countries supporting Ukraine, which is known as the coalition of the willing and includes Britain and France, was also set to hold a virtual meeting on Tuesday.
“It’s an initiative that goes in the right direction: peace. However, there are aspects of that plan that deserve to be discussed, negotiated, improved,” French President Emmanuel Macron told RTL radio regarding the US-proposed plan. “We want peace, but we don’t want a peace that would be a capitulation.”
In a separate development, Romania scrambled fighter jets to track drones that breached its territory near the border with Ukraine early on Tuesday, and one was still advancing deeper into the NATO-member country, the defense ministry said.
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Rights Groups Say at Least 16 Dead in Iran During Week of Protests
People walk past closed shops following protests over a plunge in the currency’s value, in the Tehran Grand Bazaar in Tehran, Iran, December 30, 2025. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
At least 16 people have been killed during a week of unrest in Iran, rights groups said on Sunday, as protests over soaring inflation spread across the country, sparking violent clashes between demonstrators and security forces.
Deaths and arrests have been reported through the week both by state media and rights groups, though the figures differ. Reuters has not been able to independently verify the numbers.
The protests are the biggest in three years. Senior figures have struck a softer tone than in some previous bouts of unrest, at a moment of vulnerability for the Islamic Republic with the economy in tatters and international pressure building.
SUPREME LEADER SAYS IRAN WILL NOT YIELD TO ENEMY
President Masoud Pezeshkian told the Interior Ministry to take a “kind and responsible” approach toward protesters, according to remarks published by state media, saying “society cannot be convinced or calmed by forceful approaches.”
That language is the most conciliatory yet adopted by Iranian authorities, who have this week acknowledged economic pain and promised dialogue even as security forces cracked down on public dissent in the streets.
US President Donald Trump has threatened to come to the protesters’ aid if they face violence, saying on Friday “we are locked and loaded and ready to go,” without specifying what actions he was considering.
That warning prompted threats of retaliation against US forces in the region from senior Iranian officials. Supreme Leader Ayatollah Ali Khamenei said Iran “will not yield to the enemy.”
Kurdish rights group Hengaw reported that at least 17 people had been killed since the start of the protests. HRANA, a network of rights activists, said at least 16 people had been killed and 582 arrested.
Iran’s police chief Ahmad-Reza Radan told state media that security forces had been targeting protest leaders for arrest over the previous two days, saying “a big number of leaders on the virtual space have been detained.”
Police said 40 people had been arrested in the capital Tehran alone over what they called “fake posts” on protests aimed at disturbing public opinion.
The most intense clashes have been reported in western parts of Iran but there have also been protests and clashes between demonstrators and police in Tehran, in central areas, and in the southern Baluchistan province.
Late on Saturday, the governor of Qom, the conservative centre of Iran’s Shi’ite Muslim clerical establishment, said two people had been killed there in unrest, adding that one of them had died when an explosive device he made blew up prematurely.
HRANA and the state-affiliated Tasnim news agency reported that authorities had detained the administrator of online accounts urging protests.
CURRENCY LOST AROUND HALF ITS VALUE
Protests began a week ago among bazaar traders and shopkeepers before spreading to university students and then provincial cities, where some protesters have been chanting against Iran’s clerical rulers.
Iran has faced inflation above 36 percent since the start of its year in March and the rial currency has lost around half its value against the dollar, causing hardship for many people.
International sanctions over Iran’s nuclear program have been reimposed, the government has struggled to provide water and electricity across the country through the year, and global financial bodies predict a recession in 2026.
Khamenei said on Saturday that although authorities would talk to protesters, “rioters should be put in their place.”
Speaking on Sunday, Vice President Mohammadreza Aref said the government acknowledged the country faced shortcomings while warning that some people were seeking to exploit the protests.
“We expect the youth not to fall into the trap of the enemies,” Aref said in comments carried by state media.
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Antisemitic Graffiti Painted on the Facade of Canada Synagogue
Antisemitic graffiti on a synagogue in Winnipeg, Canada. Photo: CIJA, via i24.
i24 News – The Winnipeg police in central Canada have opened a hate crime investigation after the discovery of swastikas and antisemitic messages spray-painted on the exterior of the Shaarey Zedek synagogue, one of the city’s main Jewish congregations. The graffiti is believed to have been done during the night from Saturday to Sunday.
The acts of vandalism were discovered early in the morning. Several hateful symbols were visible on exterior parts of the building. No injuries were reported. Officers went to the scene to assess the damage and secure the premises. The police are currently reviewing surveillance footage from the area and are asking anyone with information to come forward.
The incident has drawn strong condemnation from national and local Jewish organizations. The Centre for Israel and Jewish Affairs (CIJA) denounced these acts, stressing that the desecration of Jewish institutions with Nazi symbols requires a firm response from municipal and police authorities.
The Jewish Federation of Winnipeg has also condemned what it calls “pure hatred,” warning that the repeated targeting of Jewish institutions poses a serious threat to the community’s safety. It has once again encouraged citizens to promptly report any hate-related incident to enable investigators to gather the necessary evidence.
These graffiti have appeared in a context of rising antisemitic incidents across the country. Community organizations note that synagogues, schools, and Jewish centers are increasingly being targeted, particularly during times of international tension, even when they have no direct connection to those events.
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Oil Prices Likely to Move Higher on Venezuelan Turmoil, Ample Supply to Cap Gains
FILE PHOTO: The Guinea-flagged oil tanker MT Bandra, which is under sanctions, is partially seen alongside another vessel at El Palito terminal, near Puerto Cabello, Venezuela December 29, 2025. Photo: REUTERS/Juan Carlos Hernandez/File Photo
Oil prices are likely to move higher when benchmark futures resume trading later on Sunday on concern that supply may be disrupted after the United States snatched Venezuelan President Nicolas Maduro from Caracas at the weekend and President Donald Trump said Washington would take control of the oil-producing nation.
There is plentiful oil supply in global markets, meaning any further disruption to Venezuela’s exports would have little immediate impact on prices, analysts said.
The US strike on Venezuela to extract the country’s president inflicted no damage on the country’s oil production and refining industry, two sources with knowledge of operations at state oil company PDVSA said at the weekend.
Since Trump imposed a blockade of sanctioned oil tankers entering or leaving Venezuelan waters and seized two cargoes last month, exports have fallen and have been completely paralysed since January 1.
That has left millions of barrels stuck on loaded tankers in Venezuelan waters and led to millions more barrels going into Venezuelan oil storage.
The OPEC member’s exports fell to around 500,000 barrels per day in December, around half of what they were in November. Most of the December exports took place before the embargo. Since then, only exports from Chevron of around 100,000 bpd have continued to leave Venezuela. The global oil major has US authorization to produce and export from Venezuela despite sanctions.
The embargo prompted PDVSA to begin cutting oil output, three sources close to the decision said on Sunday, because Venezuela is running out of storage capacity for the oil that it cannot export. PDVSA has asked some of the joint ventures that are operating in the country to cut back production, the sources said. They would need to shut down oilfields or well clusters.
Trump said on Saturday that the oil embargo on Venezuelan exports remained in full effect. If the US government loosens the embargo and allows more Venezuelan crude exports to the US Gulf, there are refiners there that previously processed the country’s oil.
The weekend’s events were unlikely to materially alter global oil markets or the global economy given the US strikes avoided Venezuela’s oil infrastructure, said Neil Shearing, group chief economist at Capital Economics.
“In any case, any short-term disruption to Venezuelan output can easily be offset by increased production elsewhere. And any medium-term recovery in Venezuelan supply would be dwarfed by shifts among the major producers,” he said in a note.
Trump also threatened on Friday to intervene in a crackdown on protests in Iran, another OPEC producer, ratcheting up geopolitical tensions. Trump on Friday said “we are locked and loaded and ready to go,” without specifying what actions he was considering against Tehran, which has seen a week of unrest as protests over soaring inflation spread across the country.
“Prices may see modest upside on heightened geopolitical tensions and disruption risks linked to Venezuela and Iran, but ample global supply should continue to cap those risks for now,” said Ole Hansen, head of commodities research at Saxo Bank.
On Sunday, the Organization of the Petroleum Exporting Countries and their allies agreed to maintain steady oil output in the first quarter, OPEC+ said in a statement. Both Venezuela and Iran are members of OPEC. Several other members of OPEC+ are also embroiled in conflict and political crises.
The producer group has put increases in production on pause for the first quarter after raising output targets by around 2.9 million barrels per day from April to December 2025, equal to almost 3% of world oil demand.
Brent and US crude futures settled lower on Friday, the first day of trading of 2026, as investors weighed oversupply concerns against geopolitical risks. Both contracts closed 2025 with their biggest annual loss since 2020 marked by wars, higher tariffs, increased OPEC+ output and sanctions on Russia, Iran and Venezuela.
VENEZUELA
“The political transition in Venezuela adds another major layer of uncertainty, with elevated risks of civil unrest and near-term supply disruptions,” said Jorge Leon, head of geopolitical analysis at consultancy Rystad Energy and a former OPEC official.
“In an environment this fragile, OPEC+ is choosing caution, preserving flexibility rather than introducing new uncertainty into an already volatile market.”
Trump said on Saturday that the US would control the country until it could make an orderly transition, but an interim government led by vice president and oil minister Delcy Rodriguez remains in control of the country’s institutions, including state energy company PDVSA, with the blessing of Venezuela’s top court.
A top Venezuelan official said on Sunday that the country’s government would stay unified behind Maduro amid deep uncertainty about what is next for the Latin American country.
Trump said that American oil companies were prepared to reenter Venezuela and invest billions of dollars to restore production there.
Venezuela is unlikely to see any meaningful boost to crude output for years even if US oil majors do invest the billions of dollars in the country that Trump has promised, analysts said.
“We continue to caution market observers that it will be a long road back for the country, given its decades-long decline under the Chávez and Maduro regimes, as well as the fact that the US regime change track record is not one of unambiguous success,” Helima Croft, RBC Capital’s head of commodities research, said in a note.