Biden Not Planning To Speak To Putin For Now, G7 Agrees Oil Price Cap

U.S. President Joe Biden does not intend to speak to his Russian counterpart, Vladimir Putin, about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said on Friday.
"We're just not at a point now where talks seem to be a fruitful avenue to approach right now," national security spokesperson John Kirby told reporters.
His comment underscored the chasm between Ukraine and its main backer and Russia on negotiations more than nine months into the war ignited by Putin's invasion that has killed tens of thousands, uprooted millions and destroyed cities and towns.
As part of a multi-pronged international campaign to curb Russia's ability to wage war, the Group of Seven (G7) nations and Australia on Friday said they had agreed a $60 per barrel price cap on Russian seaborne crude oil.
The G7 and Australia said in a statement the cap would take effect on Dec. 5 or very soon thereafter. It aims to reduce Russia's income from selling oil, while preventing a spike in global prices.
European Union governments, which have resolved their differences over the cap, will now need to formally approve it over the weekend.
The chair of the Russian lower house's foreign affairs committee, Leonid Slutsky, told Tass news agency the EU was jeopardising its own energy security with the cap.
Kyiv says peace talks are only possible if Russia halts its attacks and withdraws from all Ukrainian territories it seized.
But the Kremlin said the West must recognise Moscow's declared annexation in September of "new territories" before any talks with Putin.
"The president of the Russian Federation has always been, is and remains open to negotiations in order to ensure our interests," Kremlin spokesman Dmitry Peskov told reporters.
State Department spokesman Ned Price said the United States would continue providing military assistance to Ukraine with the aim of forcing Russia into genuine peace talks.
Mykhailo Podolyak, a political adviser to Ukrainian President Volodymyr Zelenskiy, told Reuters that Russia's offers of talks were "an illusion".
There was an "absolute consensus" among Western states, he said, that there could be no direct talks with Putin and that any negotiations with Moscow could be held only if it pulled out all its troops.
Ukraine and allies fear any ceasefire without a total withdrawal would let Russian forces recover from a string of losses and regroup.
Peskov said Russia would not pull out of Ukraine. He added that the search for ways to end the war was hindered by the U.S. refusal to recognise Russia's territorial annexations.
Biden has not spoken directly with Putin since the Feb. 24 invasion. In March, he branded Putin a "butcher" who "cannot stay in power". However, he has signalled in recent weeks that Washington would like to entice Putin onto a diplomatic off ramp, after months of battlefield losses.
SOME CONTACTS
Putin told German Chancellor Olaf Scholz in a phone call that the Western line on Ukraine was "destructive" and urged Berlin to rethink its approach, the Kremlin said.
In Berlin's readout on the call, Scholz's spokesperson said the chancellor had condemned Russian air strikes on civilian infrastructure and called for a diplomatic solution to the war "including a withdrawal of Russian troops."
Putin has said he has no regrets about launching what he calls a "special military operation" to disarm and "denazify" Ukraine. Ukraine and the West say Putin has no justification for what they cast as an imperial-style war of occupation.
Some contacts have been sustained between the sides. A deal that partially lifted a Russian naval blockade of Black Sea ports has allowed some grains shipments out of Ukraine, and another agreement on Russian fertilizers is in the works.
Several large prisoner of war swaps have occurred. Zelenskiy said on Friday that Russia had released 1,331 detainees so far.
But the fighting has persisted unabated in Ukraine's east and south.
With winter tightening its grip, Western countries are working to boost aid to help Ukraine withstand Russian missile and drone attacks.
In the east, the town of Bakhmut is now the main target of Moscow's artillery attacks.
ATTACKS
Three people were killed and seven wounded in Russian shelling of the Kherson region over the past 24 hours, the regional governor said on Friday.
The regional capital of Kherson - recaptured in mid-November - and other parts of the region were bombarded 42 times in the same period, Governor Yaroslav Yanushevych said.
Meanwhile, Russian-installed officials in Donetsk said three people died on Friday after Ukrainian forces shelled the eastern Ukrainian city.
Reuters could not independently confirm battlefield reports.
In a grisly development, several Ukrainian embassies abroad received packages containing animal eyes, Ukraine's foreign ministry said on Friday.
Latest News
car&bike Team | Aug 3, 2026Kia Sorento Bookings Open Ahead Of India LaunchKia has also teased the Sorento for the first time, though the first teaser reveals precious little about the hybrid SUV.1 min read
Janak Sorap | Aug 3, 2026New Bajaj Pulsar 125 Leaked Ahead Of August 12 LaunchThe next-generation Bajaj Pulsar 125 has started arriving dealerships ahead of its official debut, revealing significant updates to its design and underpinnings.1 min read
car&bike Team | Aug 1, 2026Maruti Suzuki Sells More Than 2 Lakh Vehicles In July, Sets New Domestic RecordThe brand sold a total of 2,41,421 units last month which also included exports of 30,056 cars1 min read
car&bike Team | Aug 1, 2026India-UK FTA: Aston Martin Announces Revised PricesAlong with the revised pricing, the British marque has refreshed its lineup by replacing the Vantage, DB12 and DBX with more powerful 'S' derivatives.4 mins read
car&bike Team | Aug 1, 2026BMW 7 Series, i7 Facelift Bookings Open In India Ahead Of LaunchThe facelifted models were unveiled globally in April 2026 and are set to arrive in India.3 mins read
car&bike Team | Aug 1, 2026Auto Sales July 2026: Growth For Tata, Mahindra And Hyundai; Nissan Jumps 218%July 2026 turned out to be a strong month for several carmakers in India. Tata Motors, Mahindra, Hyundai, MG Motor and Nissan all reported healthy year-on-year growth, with new model launches, exports and growing EV demand.4 mins read
Bilal Firfiray | Aug 1, 2026Toyota Hilux Review: The InvincibleMarking it as the ninth generation, the Hilux comes with a major cosmetic overhaul. But is it still relevant enough for the current times or is it getting too long in the tooth?5 mins read
Bilal Firfiray | Jul 30, 2026Kia Syros EV Review: Best EV To Buy Under Rs 20 Lakh?The Kia Syros EV comes into the game with a modern design, spacious cabin, strong performance, decent range and an aggressive pricing. But could it become the new benchmark under Rs 20 lakh?5 mins read
Jaiveer Mehra | Jul 27, 20262026 Maruti Suzuki Brezza Facelift Review: Bestseller Joins The Turbo ClubWhile Maruti’s facelifts have always tended to bring subtle updates over the outgoing models, the latest Brezza brings some heavy updates under the skin, including a new 6-speed manual gearbox and, for the first time, a turbocharged petrol engine option.1 min read
Bilal Firfiray | Jul 24, 2026Honda ZR-V Review: Who Is It For?Honda has brought the new ZR-V to India as their current flagship offering. It’s a CBU, it’s a hybrid, and it’s here for a limited few. Who is it for though?1 min read
Girish Karkera | Jul 29, 2026Mercedes-AMG E53 4MATIC+ PHEV First Drive Review: Just What The Doctor OrderedThere are luxury cars and there are high-performance cars. But what if you want both for the price of one? Mercedes-Benz has a recommendation that promises to tread a fine line between the two – the second generation E53 with a twist.7 mins read















































































































