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Putin Rejects Peace Talks with Ukraine, Plans Major Escalation

| Source: CNBC Translated from Indonesian | Politics
Putin Rejects Peace Talks with Ukraine, Plans Major Escalation
Image: CNBC

Russian President Vladimir Putin has reportedly firmly rejected all calls to negotiate peace with Kyiv. This comes as Ukraine continues to launch attacks on Moscow’s oil refineries, causing a fuel crisis in the country.

Two anonymous sources indicated a very high probability that Putin will launch a major military escalation in the coming months to break the deadlock in the war, which has now entered its fifth year. Meanwhile, three sources close to the Kremlin revealed that the barrage of Ukrainian drone strikes that successfully destroyed oil refineries and ports has only strengthened Putin’s ambition to continue the war.

The primary focus of Putin’s military escalation plan is now entirely on seizing the remaining Donbas region in eastern Ukraine, which he positions as a non-negotiable, principled victory for Russia. To facilitate this objective, Russian military experts have even begun discussing options for radically expanding the targets of air strikes, including the potential to hit NATO bases in the Baltic states and Romania, a move that risks dragging the Western alliance into a direct armed confrontation.

On the other side, senior Ukrainian intelligence reports indicate that Moscow’s recent movements do not reflect any preparation for the negotiating table. The Russian military is instead indicated to be mobilising troops for a new operation that is predicted could extend beyond Ukraine’s borders.

“The Russians will not be targeting a war with NATO. But it can be used to divide NATO on how to respond,” said Jack Watling of the Royal United Services Institute (RUSI) in London.

Moscow’s hardline stance emerged right after Trump claimed that a peace resolution was in sight following separate phone calls with Putin and Ukrainian President Volodymyr Zelensky. So far, Moscow is still making gestures to expand the attacks.

“Russia is ready for a peaceful settlement but has sufficient capabilities to act independently and continue the special military operation,” asserted Kremlin Spokesman Dmitry Peskov.

On the ground battlefield, the war remains intense and gruelling along the 1,200-kilometre front line due to the effectiveness of Ukrainian drones, which have been able to neutralise the Russian military’s numerical advantage in personnel.

The armed confrontation has recently centred on the city of Kostiantynivka, a crucial defensive stronghold in the Donetsk region, where Putin had claimed his forces captured the city on Friday (03/07/2026), a claim that was immediately and strongly denied by the Kyiv military.

Based on estimates from the Center for Strategic & International Studies (CSIS), the total number of dead, wounded, and missing from both sides since the start of the invasion has reached a staggering figure of around 2 million soldiers, with 1.4 million of those coming from the Russian side.

To achieve the goal of fully controlling the remaining Donetsk territory, some Western military analysts predict Putin will eventually have to make a politically unpopular decision domestically, namely implementing a mass conscription of men in Russia.

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