Russian President Vladimir Putin held talks with U.S. President Donald Trump’s special envoy Steve Witkoff in Moscow on Wednesday, the Kremlin said, days before the White House’s deadline for Russia to reach a peace deal with Ukraine or potentially face severe economic penalties that could also hit countries buying its oil.

New sanctions against Russia will still kick in on Friday, the White House said, even as President Donald Trump praised a meeting between US special envoy Steve Witkoff and President Vladimir Putin as “highly productive” – and said he was open to meeting the Russian leader as early as next week.

U.S. envoy Steve Witkoff arrived in Moscow on Wednesday on a last-minute mission to seek a breakthrough in the Ukraine war.