Ukraine has launched a restructuring of $2.6bn of growth-linked debts that are seen as key to financing its war effort and which had threatened to drain billions of dollars from Kyiv’s postwar finances.

Zelensky didn't reveal much detail about an updated plan, although he said there needed to be more investment for drones.

Diplomats face an uphill battle to reconcile Russian and Ukrainian “red lines” as a renewed U.S.-led push to end the war gathers steam, with Ukrainian officials attending talks in the U.S. over the weekend and Washington officials expected in Moscow early this week.

The team of Ukrainian negotiators began meeting Sunday morning with Rubio, Special Envoy Steve Witkoff and Jared Kushner, President Trump's son-in-law.

The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears of further attacks driving up war risk insurance costs,

Ukrainian officials met with U.S. President Donald Trump's representatives Sunday, and Washington officials are expected in Moscow for more peace talks this week.