President Donald Trump says Ukraine and Russia are making progress in peace talks but called the conflict difficult to solve on Tuesday night.

Trump envoys Steve Witkoff and Jared Kushner are negotiating with Russian officials to ensure U.S. businesses—and Trump’s friends—are in position to make a killing once the war ends, according to an exhaustive Wall Street Journal report published Friday.

Crude futures fell marginally on Friday as investors considered oil's geopolitical risk premium amid drawn-out Russia-Ukraine peace talks, while keeping an eye on Sunday's OPEC+ meeting for clues about potential output changes.

The trip to Moscow is the second since last year for Orbán, who is widely considered Putin’s closest partner among all EU leaders. Hungary is one of only a few EU countries to continue importing large quantities of Russian fossil fuels, and Orbán has strongly opposed efforts by the bloc to wean its 27 member nations off Russian energy supplies.

Amid this opposition, a series of meetings is expected. Today, there will be a meeting between US and Russian officials in Abu Dhabi, and a virtual one between the coalition of the willing, hosted by Keir Starmer and Emmanuel Macron. Ukraine's official also says they expect a meeting between Volodymyr Zelensky and Donald Trump in the next few days.

U.S. and Ukraine hail progress in talks and Black Friday spending to fall: Morning Rundown In today’s newsletter: U.S. and Ukraine officials report progress on ending the Ukraine-Russia war. Consumers are spending less on Black Friday shopping as financial anxiety rises. And a new connection between muscle mass and brain aging.

Russian President Vladimir Putin’s foreign affairs adviser insisted that Kremlin officials still have not seen a U.S. peace proposal.

Ukraine talks in Geneva, President Zelensky says: "Putin wants legal recognition to what he has stolen...that's the main problem."