An expert discussion analyzes the prospects for peace negotiations between Ukraine and Russia, including the possibility of a meeting between Putin and Zelenskyy. According to the participants, Russia has exhausted its ability to stall the negotiation process, and such a meeting is only possible if positions are agreed in advance, which is impossible due to fundamental differences.
Trump's actions are also discussed: since the start of his presidency, he has not imposed new sanctions on Russia, confirming only those previously introduced under Biden. In six months, no significant new economic measures have been initiated against Russia, and high tariff and sanction threats remain mainly rhetorical.
Experts highlight the importance of allowing European funds to be used for purchasing U.S. weapons for Ukraine, though this process faces significant restrictions. Meanwhile, Putin continues to keep Trump in the illusion of possible agreements, which delays decisive actions toward ending the war.
The discussion also centers around strikes on energy infrastructure—both Ukrainian forces targeting Russian oil refineries, and the Russian army’s ongoing attacks on Ukraine’s energy facilities. This exchange aims to disrupt logistics and create fuel shortages, although it does not substantially affect Russia’s oil export revenues.
The experts point out Russia's budgetary problems—a deficit nearing 5 trillion rubles with shrinking National Welfare Fund reserves. A crucial issue is whether China will provide a stabilization loan, which is expected to be discussed during an upcoming meeting between Putin and Xi Jinping. If this financing is granted, Russia will be able to continue funding the war; otherwise, it may face serious challenges in meeting wartime expenses by the autumn.
