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Why Ukraine is talking about ending 'hot phase' of Russia's war before winter

Kyiv hopes U.S.-mediated peace talks with Moscow could yield results before winter as Ukrainian officials grow concerned about shortages of anti-missile systems and signs Russia may be preparing a new mobilization. President Volodymyr Zelensky told lawmakers from his Servant of the People party in late May that Kyiv sees what he described as a realistic opportunity to end the war, according to two people familiar with the matter. Head of Zelensky's office, Kyrylo Budanov, later publicly echoed

Bohdana self-propelled howitzer at Russian positions in Donetsk Oblast, Ukraine, on May 31, 2026

Hungary could host Ukraine-Russia peace talks, Magyar says

"Hungary cannot play the decisive role here; that's a matter for the major powers. We can provide diplomatic and humanitarian aid, and Hungary could also be a venue for negotiations," Hungarian Prime Minister Peter Magyar said.

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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