Ukraine and Russia have been exchanging major drone and missile strikes, with each seeking to gain an advantage as US President-elect Donald Trump’s inauguration nears

Trump has reaffirmed his intention to broker peace in Ukraine, declaring earlier this month that “Putin wants to meet” and that such a meeting is being set up. In the past, he has criticized U.S. military aid for Ukraine and even vowed to end the conflict in a single day if elected.

For peace to prevail, a compromise needs to be reached not only between Russia and Ukraine but also between the US Trump-led West and Russia.

For Russia, the return of Donald Trump provides a chance to end western sanctions against it, and provide solace for its appalling war losses.

Russia says it has detected a shift from U.S. President-elect Donald Trump and his team towards recognising the "realities" on the ground in Ukraine, and sees this as a welcome sign as it prepares to study his plan for ending the war.

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Russia is prepared to study U.S. President-elect Donald Trump's peace initiatives on Ukraine when he takes office next week, Foreign Minister Sergei Lavrov said on Tuesday. Lavrov cautioned that Trump's comments on the war - which he previously said he could end within 24 hours of entering the White House - were being made before his inauguration,

Advisers to US President-elect Donald Trump believe that a peace agreement between Ukraine and Russia can be reached in the coming months. This differs from Trump's campaign statements, Reuters reports.