Published by Global Banking & Finance Review®
Posted on November 3, 2025
3 min readLast updated: January 21, 2026
Add as preferred source on Google
Russia claims advances in Pokrovsk, Ukraine holds defense. Conflict affects peace talks with no recent negotiations.
MOSCOW/KYIV (Reuters) -Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.
The Russian Defence Ministry said its soldiers were destroying what it described as surrounded Ukrainian formations near Pokrovsk's railway station and industrial zone, and had entered the city's Prigorodny area and dug in there.
Reuters could not independently verify the battlefield reports.
The Ukrainian military said Russian troops were not in full control of any district of the city.
"The invaders continue to attack in small groups of up to five soldiers, without using armored vehicles," the operation task force responsible for Ukraine's eastern front line said on Facebook.
Ukraine's 7th Rapid Response Corps said Ukrainian forces had thwarted an attempt to cut off a supply route from Rodynske, to the north.
Pokrovsk had a pre-war population of some 60,000 people, but most civilians fled its ruins long ago. Capturing it could give Moscow a platform to drive towards Kramatorsk and Sloviansk, the two biggest remaining Ukrainian-controlled cities in the Donetsk region which Russia wants to capture in its entirety.
North of Pokrovsk, however, Ukraine has recorded recent gains near Dobropillia. Army chief Oleksandr Syrskyi said his forces had stepped up pressure there with the aim of forcing Russia to divert its focus away from Pokrovsk.
PEACE TALKS STALLED IN FOURTH YEAR OF WAR
If it falls, Pokrovsk will be the most important Russian territorial gain inside Ukraine since Moscow took the ruined city of Avdiivka in early 2024 after one of the bloodiest battles of the war.
Since then, Russia has made steady but slow gains in intense fighting along the 1,000-km (600-mile) front line of a war that has dragged on for more than three years and eight months.
No face-to-face peace talks have taken place since July, despite attempts by U.S. President Donald Trump to push for an end to the conflict.
Kyiv says the costly fighting is largely stalemated and its territorial losses marginal; Moscow says it is still making important gains.
Elsewhere, the Russian Defence Ministry said its forces had carried out heavy overnight strikes against a Ukrainian military airfield, a military equipment repair base and military-industrial facilities, as well as gas infrastructure facilities that supported them.
Moscow said its troops had also attacked Ukrainian forces near another city, Kupiansk, and dislodged them from four fortified positions in the industrial zone on the left bank of the Oskol River.
Ukrainian military spokesman Viktor Trehubov said on Sunday that Russian attempts to get to the centre of Kupiansk had failed so far, and recent Ukrainian attacks had slowed Russian advances.
(Reporting by Moscow buro and Yuliia Dysa in Kyiv, Mark Trevelyan in London and Lucy Papachristou in Tbilisi, Editing by Timothy Heritage)
A financial crisis is a situation where financial assets suddenly lose a large part of their nominal value. It can lead to a collapse of financial institutions and significant economic downturn.
Investment refers to the allocation of resources, usually money, in order to generate income or profit. It can include stocks, bonds, real estate, and other assets.
Foreign currency is any currency that is not the domestic currency of a country. It is used in international trade and can be exchanged for the domestic currency.
Economic growth is the increase in the production of goods and services in an economy over time, typically measured by the increase in real GDP.
Financial markets are platforms where buyers and sellers engage in trading financial assets, such as stocks, bonds, currencies, and derivatives.
Explore more articles in the Headlines category
