The Russian invasion of Ukraine has had a profoundly negative impact on Ukraine, as well as on the global food, financial, and energy markets.

Ukraine's President Volodymr Zelensky has accused Russia of "doing everything it can" to prevent a meeting with Vladimir Putin to try to end the war. US President Donald Trump has sought to bring the two leaders together, but he said on Friday "that's like oil and vinegar... they don't get along too well".

Russia struck an American business with cruise missiles overnight in one of the largest aerial attacks of the war so far, Ukraine has said.

A dramatic rise in Ukrainian attacks on Russian oil refineries has sent gasoline prices in Russia to record highs, despite the government banning petrol exports to cope with the crunch.

While the Kremlin remains noncommittal about a peace summit between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky, Russia’s war machine continues to pursue its war aims with vigor.

U.S. President Donald Trump renewed a threat to impose sanctions on Russia on Friday if there is no progress toward a peaceful settlement in Ukraine in two weeks, showing frustration at Moscow a week after his meeting with Russian President Vladimir Putin in Alaska.