The two sides agreed to have a prisoner exchange of 1,200 people, National Security and Defense Council Secretary Rustem Umerov said.

The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving U.S. President Donald Trump's threat of secondary sanctions one of the few remaining economic levers to pressure the Kremlin.

An Indian company shipped $1.4 million worth of an explosive compound with military uses to Russia in December, according to Indian customs data seen by Reuters, despite U.S. threats to impose sanctions on any entity supporting Russia's Ukraine war effort.

Iran schedules diplomatic meetings with Russia, China and European nations as the deadline approaches for a new nuclear deal to avoid the reimposition of U.N. Security Council sanctions.

Britain on Monday imposed new sanctions on Russia's so-called "shadow fleet", targeting 135 oil tankers along with two Russian firms, shipping company Intershipping Services LLC and oil trader Litasco Middle East DMCC.

The European Union and Britain are ramping up pressure on Russia over its war on Ukraine. The EU has introduced new sanctions to deprive Moscow of energy revenue through a lower oil price cap and a ban on transactions with Nord Stream gas pipelines.

Last week, the European Union agreed on its 18th package of sanctions against Russia, which included a ban on the import of refined oil products derived from Russian crude. Whether this bolsters calls for the American government to do the same remains to be seen.

Oil prices fell on Monday as the latest European sanctions on Russian oil were expected to have minimal impact on supplies, but losses were curbed by investors weighing a potential drop in diesel supplies.

KYIV, Ukraine — Russian President Vladimir Putin is “not ready for compromises” to end his brutal war, Ukrainian President Volodymyr Zelensky told The Post in an exclusive interview on Wednesday — but President Trump has the power to bring him to his knees by speeding up tough sanctions that could cause a “social explosion” in Russia.