Putin says Ukraine has no desire to pursue peace deal; Russians look to advance on key city Bakhmut
This is CNBC's live blog tracking developments on the war in Ukraine. See below for the latest updates.
Back in Ukraine, Russian forces are conducting military operations in the area surrounding the city of Bakhmut — a city of strategic value to Russia — in Donetsk, in order to advance on the city and seize the Vuhlehirska thermal power plant, according toTrade official says 140 Finnish companies have trimmed operations in Russia
All three cities have strategic and symbolic significance for both Ukraine and Russia, being on or near highways and supply routes in Donetsk and Luhansk in the Donbas, as well as routes toward Kharkiv to the north and the capital Kyiv. The cities have also been fought over since 2014 by pro-Russian separatists and Ukrainian forces.
Speaking to reporters during his visit to Tehran, Iran, on Tuesday, Putin claimed that talks to reach a peace deal in March during talks in Istanbul had made progress, but that Kyiv had "no desire" to pursue an agreement. Russian President Vladimir Putin gestures as Iranian Minister of Petroleum Javad Owji looks on during the welcoming ceremony at the airport on July 19, 2022, in Tehran, Iran. Putin and his Turkish counterpart Erdogan arrived in Iran for the summit.Putin met with his Iranian and Turkish counterparts in Iran on Tuesday.
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