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World · October 21, 2026

As Russia penalises European firms over Ukraine, US rivals largely spared

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In late October 2026, U.S. Special Envoy Steve Witkoff met with Russian President Vladimir Putin in St. Petersburg for approximately three hours to discuss ending the war in Ukraine. Following the meeting, the Kremlin announced that Putin is 'ready in principle' to resume trilateral negotiations between Russia, Ukraine, and the United States after November 10. The meeting coincided with the release of Stephen Hubbard, a U.S. citizen who had been jailed in Russia for over four years. While President Trump attributed the release to his decision to prevent new sanctions, the diplomatic progress occurs alongside reports that Russia has penalized European firms while largely sparing American rivals.

Read the original coverage

  • ReutersAllSides: CenterMBFC: Least Biased

    As Russia penalises European firms over Ukraine, US rivals largely spared

    Read at Reuters ↗
  • BBCAllSides: CenterMBFC: Least Biased

    Russia says it is ready to resume talks with Ukraine and US to end war

    Read at BBC ↗
  • CNNAllSides: Lean Left (Digital)MBFC: Left-Center

    Russia willing to resume trilateral peace talks in November, Kremlin says after Witkoff meeting | CNN

    Read at CNN ↗
  • CBS NewsMBFC: Right-Center

    Russia says Ukraine must make

    Read at CBS News ↗
  • NewsNationMBFC: Right-Center

    Ukraine war talks to resume 'in principle' after Putin signals agreement

    Read at NewsNation ↗

Reported across the spectrum

  • U.S. envoy Steve Witkoff met Vladimir Putin in St. Petersburg for roughly three hours.
  • The Kremlin signaled it is ready 'in principle' to resume trilateral peace talks starting in mid-November.
  • U.S. citizen Stephen Hubbard was released from Russian custody during the visit.
  • Steve Witkoff presented Putin with a peace proposal following discussions with Ukrainian President Zelenskyy and other European leaders.

Reported by only some outlets

  • President Trump recently waived sanctions on Russia to facilitate diesel imports to combat U.S. gas prices.
  • SpaceX recently implemented speed restrictions on satellite support for Ukraine's military.
  • Zelenskyy reportedly expressed a desire for talks to happen as soon as possible.
  • Russian officials suggested a potential summit between Trump, Putin, and Xi Jinping.
  • Trump suggested Ukraine needs a new president and blamed Zelenskyy for U.S. energy costs.

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