Finance
Trump, Zelenskiy pledge in phone call to work for end to war in Ukraine
Published by Global Banking & Finance Review®
Posted on March 19, 2025
5 min readLast updated: January 24, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on March 19, 2025
5 min readLast updated: January 24, 2026
Trump and Zelenskiy discuss ending the Ukraine war, focusing on ceasefire and military support. European leaders express concern over US-Russia relations.
By Nandita Bose and Yuliia Dysa
WASHINGTON (Reuters) -U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy agreed on Wednesday to work together to end Russia's war with Ukraine, in what the White House described as a "fantastic" one-hour phone call.
In their first conversation since an Oval Office meeting descended into a shouting match on February 28, Zelenskiy thanked Trump for U.S. support and the men agreed that technical teams would meet in Saudi Arabia in the coming days.
Zelenskiy asked Trump for more air defence support to protect his country against Russian attacks and the U.S. president said he would help locate the necessary military equipment in Europe, the White House said.
Trump briefed Zelenskiy on his phone call on Tuesday with Vladimir Putin, at which the Russian president rejected a proposed full 30-day ceasefire sought by Trump and accepted by Ukraine, but agreed to pause attacks on energy infrastructure.
That narrowly defined pause appeared in doubt on Wednesday, however, with Moscow saying Ukraine hit an oil depot in southern Russia while Kyiv said Russia had struck hospitals and homes, and knocked out power to some railways.
Still, the two sides announced they had carried out a prisoner exchange, each releasing 175 troops in a deal facilitated by the United Arab Emirates. Moscow said it freed an additional 22 wounded Ukrainians as a goodwill gesture.
Zelenskiy, describing his conversation with Trump as "positive, very substantive and frank," said he had confirmed Kyiv's readiness to halt strikes on Russian infrastructure and its commitment to an unconditional ceasefire on the front line as the U.S. proposed earlier.
"One of the first steps toward fully ending the war could be ending strikes on energy and other civilian infrastructure. I supported this step, and Ukraine confirmed that we are ready to implement it," he said on social media.
Earlier, Zelenskiy said the Russian strikes, which he said were carried out since Trump's call with Putin, showed that Moscow's words did not match its actions and that Russia was not ready for peace. He said the U.S. should be in charge of monitoring any ceasefire.
The Kremlin said it had called off planned attacks on Ukraine's energy infrastructure, including by shooting down seven of Russia's own drones heading towards Ukraine. It accused Kyiv of failing to call off its own attacks in what it called an attempt to sabotage the agreement.
EUROPEANS WARY
Trump has long promised to end Europe's deadliest conflict since World War Two. But his outreach to Putin has unnerved European allies, who fear it heralds a fundamental shift after 80 years in which defending Europe from Russian expansionism was the core mission of U.S. foreign policy.
Some European leaders said Putin's rejection of Trump's proposed full truce was proof Moscow was not seeking peace. The offer to temporarily stop attacking Ukrainian energy facilities counted for "nothing" and Trump would have to win greater concessions, Germany's defence minister said.
"Putin is playing a game here and I'm sure that the American president won't be able to sit and watch for much longer," Boris Pistorius told German broadcaster ZDF.
The EU's foreign policy chief Kaja Kallas said she would present a proposal to European leaders in Brussels on Thursday to provide Ukraine with 2 million rounds of large-calibre artillery ammunition, according to a letter seen by Reuters.
SCORES OF ATTACKS
For most of the past three years, Russia has relentlessly attacked Ukraine's power grid, arguing that civilian infrastructure is a legitimate target because it facilitates Kyiv's warfighting capabilities.
Ukrainians say such attacks have subsided in recent months, with backup power generators that once crowded the streets of Kyiv becoming less prominent since late 2024.
Kyiv has steadily developed capabilities to mount long-range attacks into Russia, frequently using drones to target distant oil and gas sites, which it says provide fuel for Russia's troops and income to fund the war.
In the attacks overnight, Ukrainian regional authorities said Russian drones damaged two hospitals in the northeastern Sumy region, causing no injuries but forcing the evacuation of patients and staff.
Near Kyiv, a 60-year-old man was injured and airstrikes hit homes and businesses in the Bucha district north of the capital. Attacks had damaged power systems for the railways in Dnipropetrovsk in the south on Wednesday, the railway said.
Authorities in the southern Russian region of Krasnodar said a Ukrainian drone attack caused a fire at an oil depot near the village of Kavkazskaya. No one was injured.
The depot is a rail terminal for Russian oil supplies to a pipeline linking Kazakhstan to the Black Sea. A representative of the Caspian Pipeline Consortium operator said oil flows were stable. Two industry sources said the attack could reduce Russian supplies to the pipeline.
(Reporting by Lidia Kelly in Melbourne, Pavel Polityuk in Kyiv and Yuliia Dysa in GdanskWriting by Peter Graff and Gareth JonesEditing by Alison Williams, Ros Russell and Rod Nickel)
The main topic is the collaboration between Trump and Zelenskiy to end the war in Ukraine.
They discussed strategies to end the war, including ceasefire agreements and military support.
European leaders expressed concern over Trump's outreach to Putin and the implications for US foreign policy.
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