WASHINGTON: US President Donald Trump said he would speak to Russia’s Vladimir Putin on Tuesday about ending the Ukraine war, with territorial concessions by Kyiv and control of the Zaporizhzhia nuclear power plant likely to feature prominently in the talks.
“We want to see if we can bring that war to an end,” Trump told reporters on Air Force One during a flight to the Washington area from Florida. “Maybe we can, maybe we can’t, but I think we have a very good chance.
“I’ll be speaking to President Putin on Tuesday. A lot of work’s been done over the weekend.”
Trump is trying to win Putin’s support for a 30-day ceasefire proposal that Ukraine accepted last week, as both sides continued trading heavy aerial strikes early on Monday and Russia moved closer to ejecting Ukrainian forces from their months-old foothold in the western Russian region of Kursk.
Asked what concessions were being considered in ceasefire negotiations, Trump said: “We’ll be talking about land. We’ll be talking about power plants ... We’re already talking about that, dividing up certain assets.”
Trump gave no details but he appeared to be referring to the Russian-occupied facility in Ukraine, Europe’s largest nuclear plant. Russia and Ukraine have accused each other of risking an accident at the plant with their actions.
White House press secretary Karoline Leavitt told a regular briefing on Monday that “there’s a power plant that is on the border of Russia and Ukraine that was up for discussion with the Ukrainians, and he (Trump) will address it in his call with Putin tomorrow.”
Kremlin spokesperson Dmitry Peskov confirmed on Monday that Putin would speak with Trump by phone but declined to comment on Trump’s remarks about land and power plants.
The Kremlin said on Friday that Putin had sent Trump a message about his ceasefire plan via US envoy Steve Witkoff, who held talks in Moscow, expressing “cautious optimism” that a deal could be reached to end the three-year conflict.
In separate appearances on Sunday TV shows in the United States, Witkoff, Secretary of State Marco Rubio, and Trump’s National Security Adviser, Mike Waltz, emphasized there were still challenges to be worked out before Russia agrees to a ceasefire, much less a final peaceful resolution to the war.
Asked on ABC whether the US would accept a peace deal in which Russia was allowed to keep Ukrainian territory that it has seized, Waltz replied: “We have to ask ourselves, is it in our national interest? Is it realistic? ... Are we going to drive every Russian off of every inch of Ukrainian soil?“
“We can talk about what is right or wrong but also have to talk about the reality of the situation on the ground,” he said, adding that the alternative to finding compromises on land and other issues was “endless warfare” and even World War Three.
“Ironclad guarantees”
Ukraine’s President Volodymyr Zelensky has said he sees a good chance to end the war after Kyiv accepted the US proposal for a 30-day interim ceasefire.
However, Zelensky has consistently said the sovereignty of his country is not negotiable and that Russia must surrender the territory it has seized. Russia seized the Crimean Peninsula in 2014 and now controls most of four eastern Ukrainian regions since it invaded the country in 2022.
Zelensky has not responded publicly to Waltz’s remarks.
Russia will seek “ironclad” guarantees in any peace deal that NATO nations exclude Kyiv from membership and that Ukraine will remain neutral, Russian Deputy Foreign Minister Alexander Grushko told Russian media outlet Izvestia in remarks published on Monday that made no reference to the ceasefire proposal.
“We will demand that ironclad security guarantees become part of this agreement,” Izvestia cited Grushko as saying.
Putin says his actions in Ukraine are aimed at protecting Russia’s national security against what he casts as an aggressive and hostile West, in particular NATO’s eastward expansion. Ukraine and its Western partners say Russia is waging an unprovoked war of aggression and an imperial-style land grab.
Moscow has demanded that Ukraine drop its NATO ambitions, that Russia keep control of all Ukrainian territory seized, and that the size of the Ukrainian army be limited. It also wants Western sanctions eased and a presidential election in Ukraine, which Kyiv says is premature while martial law is in force.
The European Union’s foreign policy chief, Kaja Kallas, said on Monday that the conditions demanded by Russia to agree to a ceasefire showed that Moscow does not really want peace.
Finland’s Foreign Minister Elina Valtonen said the onus should be on Russia as the invading country, not Ukraine, to make concessions “because otherwise you would be compromising international law.”
British Prime Minister Keir Starmer said on Monday that “a significant number” of nations — including Britain and France — were willing to send peacekeeping troops to Ukraine in the event of a peace deal with Russia. Defense chiefs will meet this week to firm up plans.
Russia has ruled out peacekeepers until the war has ended.
“If they appear there, it means that they are deployed in the conflict zone with all the consequences for these contingents as parties to the conflict,” Russia’s Grushko said.
“We can talk about unarmed observers, a civilian mission that would monitor the implementation of individual aspects of this agreement, or guarantee mechanisms. In the meantime, it’s just hot air.”
Trump and Putin to discuss power plants, land in talks to end Ukraine war
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Trump and Putin to discuss power plants, land in talks to end Ukraine war
- Trump said: “We’ll be talking about land. We’ll be talking about power plants ... We’re already talking about that, dividing up certain assets”
US allows oil majors to broadly operate in Venezuela, new energy investments
- Treasury Department issues general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela
- Move is the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro
WASHINGTON: The US eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow global energy companies to operate oil and gas projects in the OPEC member and for other companies to negotiate contracts to bring in fresh investments. The move was the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro last month.
The Treasury Department’s Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela. Those companies still have offices in the country and stakes in projects, and are among the main partners of state-run company PDVSA.
The authorization for the oil majors’ operations requires payments for royalties and Venezuelan taxes to go through the US-controlled Foreign Government Deposit Fund.
The other license allows companies around the world to enter contracts with PDVSA for new investments in Venezuelan oil and gas. The contracts are contingent on separate permits from OFAC.
The authorization does not allow transactions with companies in Russia, Iran, or China or entities owned or controlled by joint ventures with people in those countries.
The licenses “invite American and other aligned companies to play a constructive role in supporting economic recovery and responsible investment, ” the US State Department said in a release. Additional authorizations may be issued “as necessary,” it said.
A spokesperson for Chevron, the only US oil firm currently operating in Venezuela, said the company welcomed the new licenses.
“The new General Licenses, coupled with recent changes in Venezuela’s Hydrocarbons Law, are important steps toward enabling the further development of Venezuela’s resources for its people and for advancing regional energy security,” the spokesperson said in a statement.
Eni said it is assessing the opportunities in Venezuela that the authorization opens up.
Oil law reform
The US licenses follow a sweeping reform of Venezuela’s main oil law approved last month, which grants autonomy for foreign oil and gas producers to operate, export and cash sale proceeds under existing joint ventures with PDVSA or through a new production-sharing contract model.
The US has had sanctions on Venezuela since 2019 when President Donald Trump imposed them during his first administration. Trump is now seeking $100 billion in investments by energy companies in Venezuela’s oil and gas sector. US Energy Secretary Chris Wright said on Thursday, during his second day of a trip to Venezuela, that oil sales from the country since Maduro’s capture have hit $1 billion and would hit another $5 billion in months.
Wright said the US will control the proceeds from the sales until Venezuela stands up a “representative government.” Since last month, the Treasury issued several other general licenses to facilitate oil exports, storage, imports and sales from Venezuela. It also authorized the provision of US goods, technology, software or services for the exploration, development or production of oil and gas in Venezuela.
The Venezuelan government expropriated assets of Exxon Mobil and ConocoPhillips in 2007 under then-President Hugo Chavez. The Trump administration is trying to get those companies to invest in Venezuela as well. At a meeting at the White House with Trump last month, Exxon Mobil CEO Darren Woods said Venezuela was “uninvestable” at the moment.
Wright said on Thursday that Exxon, which no longer has an office in Venezuela, is in talks with the government there and gathering data about the oil sector. Exxon did not immediately comment.









