In a significant diplomatic effort to address the ongoing conflict in Ukraine, former President Donald Trump has initiated discussions with both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy. Trump’s outreach follows a suggestion to hold face-to-face talks in Riyadh, Saudi Arabia, a proposal that Putin has accepted. This move underscores Saudi Arabia’s emerging role as a mediator in international conflicts, particularly given its substantial oil reserves and influence in global markets.
Retired Lt. Col. Bob Maginnis expressed optimism about the potential for peace, noting that negotiations involving the Trump administration are anticipated to commence soon. The involvement of Saudi Arabia is seen as pivotal, as the kingdom’s leadership seeks to bolster its standing on the global stage. Crown Prince Mohammed bin Salman, who has been proactive in international diplomacy, views this opportunity as a chance to enhance his reputation and counter the influence of regional rivals like Qatar.
The discussions are not just about ending the war; they also reflect broader geopolitical dynamics. Trump highlighted the importance of reducing oil prices to weaken Russia’s financial capability to sustain its military operations. He emphasized to business leaders at the World Economic Forum that lowering oil prices could be a key factor in bringing about an end to the conflict.
Trump’s team has been actively engaged in the negotiations, with figures such as Steve Witkoff, the former president’s Middle East envoy, playing crucial roles. Witkoff recently returned from Moscow after successfully mediating the release of Marc Fogel, an American teacher detained in Russia. This development illustrates the potential for U.S.-Saudi collaboration in addressing international issues, particularly those involving Russia.
The backdrop of these negotiations includes the significant economic ties between Saudi Arabia and Russia, particularly in the oil sector. In 2024, Russia reportedly earned over $108 billion from oil and gas exports, a 26% increase from the previous year. This financial strength has allowed Russia to continue its military activities in Ukraine, making the stakes of these negotiations even higher.
As Trump prepares to engage further with both leaders, the potential for a U.S.-brokered peace deal hinges on the ability to navigate the interests of all parties involved. The Saudi kingdom’s involvement could add a new dimension to the peace process, providing a neutral ground for discussions while also aligning with the strategic interests of both Ukraine and the United States.
In previous engagements, Saudi Arabia has shown a willingness to mediate in various conflicts, including recent efforts to facilitate prisoner exchanges between Russia and Ukraine. The kingdom’s role as a peace broker could redefine its relationships with both the U.S. and other nations in the region, particularly as it seeks to position itself as a key player in global diplomacy.
As the situation develops, the world will be watching closely to see if these talks can lead to a resolution of the conflict in Ukraine and whether the combined efforts of Trump, Putin, Zelenskyy, and the Saudi leadership can pave the way for lasting peace.