Ukrainian President Volodymyr Zelensky has delivered a significant update on the state of peace negotiations with Russia, stating that a deal is now 90 per cent complete. In his New Year address on Thursday 1 January 2026, he cautioned, however, that Ukraine would not accept an agreement "at any cost."
Progress and Principled Stance on Peace
President Zelensky framed the complex situation by revealing that the nation is "10 per cent" away from securing a peace deal with the invading Russian forces. He stressed that Kyiv's position remains firm, warning that signing any "weak agreements" would not bring lasting peace but could instead provide fuel for the conflict to reignite in the future. This statement underscores the delicate balance between achieving a ceasefire and safeguarding Ukraine's long-term sovereignty and security interests.
Military Developments and Diplomatic Moves
The address came amidst continued military action on both sides. The Ukrainian military reported successful strikes on key Russian energy infrastructure, specifically an oil refinery in Tuapse and an oil terminal on the Taman Peninsula. These operations form part of Ukraine's strategic efforts to diminish Russia's war logistics and capabilities.
Conversely, Russian forces launched air strikes against the Odesa region in southern Ukraine, wounding at least six individuals. Three children were among those injured in the attack, highlighting the ongoing humanitarian cost of the war.
The Trump Factor and Future Security
In a notable diplomatic revelation, it was reported that peace talks involving former US President Donald Trump are exploring the possibility of hosting American troops in Ukraine as part of a future security arrangement. This potential development points to the broader international dimensions of the negotiations and the search for guarantees that would prevent future aggression.
Zelensky's New Year message, therefore, paints a picture of a conflict at a potential turning point. While the groundwork for peace appears largely laid, the final steps involve navigating immense political and security complexities to ensure a durable and just outcome for Ukraine.
