Kirill Dmitriev
Kirill Dmitriev is a Russian businessman who heads the Russian Direct Investment Fund (RDIF), a sovereign wealth vehicle established in 2011 to attract foreign investment into Russia. He has overseen major partnership deals with Gulf, Asian and Western investors and positioned himself as a public face of Russian economic outreach. He has also been involved in contacts with officials of the Trump administration, including on Russia–US negotiations.
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Trump suspends Russia sanctions under "Graham Law" days before they were to take effect
President Donald Trump on October 16, 2026 signed an executive order suspending the application of sanctions, restrictions, and tariffs against Russia that had been due to take effect on October 18 under the Lindsey O. Graham Sanctioning Russia and Iran Act. Using a waiver provision in the law, Trump certified to Congress that the suspension serves the national interests of the United States. The order keeps the new measures formally on the books but does not apply them for now, while previously imposed US sanctions against Russia remain in force. Critics including the law's co-author Senator Richard Blumenthal and Ukrainian President Volodymyr Zelensky condemned the move; Russia's Kirill Dmitriev welcomed it as a "truly historic moment."
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Trump announces deal for Russia to supply 300,000 tonnes of diesel to US market
On 9 October 2026, Donald Trump announced that Russia would immediately supply 300,000 tonnes of diesel fuel to American and world markets under a deal with Vladimir Putin reached during a phone call. On the same day, the US Treasury's Office of Foreign Assets Control (OFAC) issued General License 135, authorizing specified transactions involving Russian diesel through 7 April 2027. The deal was justified by Trump as a way to lower diesel prices that had risen because of a war with Iran ahead of the 3 November midterm elections; critics from both parties argued it contradicts a 2022 law banning Russian energy imports and the sanctions Trump himself signed in September.
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US and Europe draft four-part Ukraine peace plan as Trump–Putin diesel deal overshadows Miami talks
On 9 October, US special envoys Steve Witkoff and Jared Kushner hosted a six-hour meeting at Witkoff's Shell Bay golf club near Miami with a Ukrainian delegation and representatives of the UK, France, Germany, the EU and NATO. The US envoys asked Ukraine to stop strikes on Russian oil refineries, relayed that Vladimir Putin is not yet ready to negotiate and is conditioning talks on receiving the remaining roughly 11% of the Donbas under Ukrainian control, and announced that Donald Trump had struck a separate deal with Putin on Russian diesel exports. President Volodymyr Zelensky rejected the strike demand and called the diesel decision "unfair and dishonest." The Washington Post subsequently reported that Washington and European capitals are shaping a four-part peace proposal covering reconstruction financing, NATO-Article-5-style security guarantees, economic and energy integration including a possible Russia–Europe pipeline, and a ceasefire along the current front line. Ukraine's presidential office dismissed the leak as "not bad PR" rather than a joint US–European document.
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Trump announces Russian diesel deal with Putin, urges Ukraine to choose a new president
On October 9, 2026, US President Donald Trump held a phone call with Russian President Vladimir Putin and announced an agreement to allow between 300,000 and 3 million tons of Russian diesel fuel onto US and global markets. Trump then publicly attacked Ukrainian President Volodymyr Zelenskyy, accusing him of being able to end the war but choosing not to, and saying it was time for Ukraine to choose a new president. Zelenskyy called the decision weak and a gift to Russia that would fund the war, while bipartisan US lawmakers and European leaders condemned the agreement.
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Trump tells Ukraine to elect a new president, a day after announcing US-Russia diesel deal
On October 10, US President Donald Trump said Ukraine needs a new president who can make a deal to end the war with Russia, accusing Volodymyr Zelensky of choosing not to end the conflict despite repeated opportunities. The remarks came a day after Trump announced a deal struck during a phone call with Vladimir Putin under which Russia will supply large volumes of diesel fuel to US and world markets, with the US issuing a Treasury license suspending the relevant sanctions until April 7, 2027. Zelensky condemned the diesel deal as weakness and a "gift to Putin for his birthday," and said the Ukrainian negotiating team meeting in Miami had been used as a "screen." Ukrainian Foreign Minister Andriy Sybiha said Zelensky has the support of the Ukrainian people and that only Ukrainians can decide who leads them.
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Trump announces Russia diesel deal after Putin call; Ukraine and European leaders condemn move
On 9 October 2026, US President Donald Trump announced he had spoken by phone with Russian President Vladimir Putin and agreed to lift US sanctions on Russian diesel, allowing large-scale exports to American and global markets. The US Treasury's Office of Foreign Assets Control issued General License No. 135 authorising the imports until 7 April 2027. Ukrainian President Volodymyr Zelensky sharply criticised the decision, calling it a "weak" and "unfair and dishonest" birthday gift to Putin that gives Russia additional billions for the war, while EU foreign policy chief Kaja Kallas, the UK, Germany, France, Finland, Sweden, Estonia, and US Democrats all condemned or distanced themselves from the deal. Talks between Ukrainian, US and European delegations in Miami ended early after the announcement, and a senior Ukrainian official told the Financial Times that long-range drone strikes on Russian refineries would continue.
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US and Russia discussed American investor for Nord Stream, but White House denies talks and Germany pushes back
Reuters reported that US presidential envoy Jared Kushner and Kremlin-linked adviser Kirill Dmitriev have discussed attracting an American investor to restore the Nord Stream gas pipelines, meeting in Moscow and New York in recent weeks. The White House said any Russia deals must go through US development finance and Treasury bodies and that there have been no recent Nord Stream-specific talks. Germany said the pipelines are under European sanctions and that Berlin has no wish to approve their resumption.
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Zelensky says Ukraine ready for trilateral talks with US and Russia by end of October
President Volodymyr Zelensky announced that Ukraine is prepared to join a US-proposed trilateral technical-level meeting with the United States and Russia before the end of October, with the United Arab Emirates or another American-suggested venue under consideration. He made the statement at a joint press conference with German Chancellor Friedrich Merz in Kyiv on October 4, a day after confirming Ukraine's readiness to the American negotiating group. Kyiv is now waiting for Moscow's response to the proposal.
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Putin envoy Dmitriev holds "constructive" talks with US officials in Washington on Ukraine war and energy cooperation
Kirill Dmitriev, Vladimir Putin's special envoy and head of Russia's sovereign wealth fund RDIF, met US officials in Washington on September 28 to discuss ending the war in Ukraine and possible post-war US-Russia energy initiatives. A US official described the talks as "constructive." The visit followed Donald Trump's meeting with Volodymyr Zelensky at the UN General Assembly in New York on September 22 and a separate series of meetings between Dmitriev and US special envoys Steve Witkoff and Jared Kushner.
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Ukraine says ready for US-mediated trilateral with Russia; Zelensky names UAE as proposed venue
President Volodymyr Zelensky said on September 25 that the United States has proposed a trilateral meeting with Ukraine and Russia at the technical level, with the United Arab Emirates suggested as the venue. Ukraine is waiting for Washington to propose a date. The Kremlin confirmed contacts are underway. Foreign Minister Andriy Sybiha said Ukraine is ready for the format but saw no signals of Russian willingness to engage.
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Putin envoy meets Trump administration officials in New York during UN General Assembly
Kirill Dmitriev, an envoy of Russian leader Vladimir Putin, traveled to the United States for meetings with representatives of President Donald Trump's administration, including Steve Witkoff and Jared Kushner. The talks took place in New York during the UN General Assembly session and are described as a continuation of an earlier Kremlin meeting between Putin and US representatives. The visit comes as 50 countries and the European Union issued a joint statement at the UN calling on Russia to cease fire — a statement the United States did not join.
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Zelensky declares Ukraine ready for energy, grain and maritime ceasefires as Russia rejects energy proposal
On the sidelines of the UN General Assembly in New York on 22 September 2026, Ukrainian President Volodymyr Zelensky met US President Donald Trump and announced Ukraine is ready for reciprocal ceasefires in energy, grain and maritime domains. US Secretary of State Marco Rubio said after meeting Russian Foreign Minister Sergei Lavrov on 23 September that both sides expressed interest in a limited ceasefire, but Kremlin spokesman Dmitry Peskov rejected the energy proposal and Russia's Vladimir Putin again insisted on maximalist war aims. The prospect of a trilateral meeting was left to the G20 summit in Miami on 14–15 December, where Putin's participation remains disputed.
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Kyiv and Moscow both reportedly frustrated with US envoy Witkoff as peace talks stall
Ukrainian and Russian sources describe dissatisfaction with US special envoy Steve Witkoff's role in negotiations to end the war in Ukraine, citing incompetence and misunderstanding of Russian positions. The White House has rejected the reporting as "fake news and nonsense."
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US envoys visit Kyiv for first time, signal return to trilateral talks but report no breakthrough
US special envoys Steve Witkoff and Jared Kushner travelled to Kyiv on 6 September 2026 for their first visit to Ukraine since Donald Trump's second presidential term began, after meeting Vladimir Putin in Moscow on 5 September. They held three rounds of talks with President Volodymyr Zelensky, joined in the second round by national security advisers from France, Germany and the United Kingdom, and announced a planned return to the US–Ukraine–Russia trilateral format and US support for a 'winter package' of assistance for Ukraine. Zelensky reported receiving a message that 'the Russians are ready to negotiate' but remained sceptical, while the Kremlin, Bloomberg sources and the Institute for the Study of War said the Moscow talks produced no substantive concessions.