A Warning From Munich
At the Munich Security Conference, Ukrainian President Volodymyr Zelenskyy delivered a clear message: Europe needs to be more involved in negotiations to end the war with Russia. He called it a “big mistake” that European leaders are not more present in U.S.-driven talks, arguing that any durable peace must reflect the security interests of the entire continent — not just Kyiv and Washington.
With another round of trilateral discussions between Ukraine, the United States and Russia on the horizon, Zelenskyy acknowledged that progress toward a ceasefire has been limited. He voiced frustration that the sides often appear to be speaking past one another. He also pushed back against what he sees as a narrative centered on Ukrainian concessions, warning that failing to demand equal compromises from Moscow risks encouraging further aggression.
Guarantees First, Then Politics
For Kyiv, security guarantees remain non-negotiable. Zelenskyy said a peace agreement without clear and enforceable protections would only delay future conflict. European countries are expected to carry much of the responsibility, but U.S. backing remains a crucial safeguard. Ukraine, he added, has already prepared detailed proposals and stands ready to formalize arrangements with both European and American partners.
He also suggested that a concrete timeline for joining the European Union should be written into any settlement, with 2027 seen as a realistic target. On the issue of elections, Zelenskyy made it clear that Ukraine is open to holding them — but only if there is a genuine ceasefire in place. Conducting a fair vote while soldiers remain on the front lines, he said, would be impossible. He added pointedly that he would welcome the same conditions in Russia to allow free elections there as well.
Going After Russia’s Energy Money
Beyond diplomacy, Zelenskyy urged allies to tighten the screws on Russia’s oil revenues, which continue to finance the war. He pointed to a fleet of more than 1,000 tankers operating near European waters, describing them as “floating wallets for the Kremlin.”
He called for tougher enforcement of sanctions, including the detention, blocking or even confiscation of vessels that attempt to skirt restrictions. Zelenskyy said he recently discussed stronger measures with Emmanuel Macron and Ursula von der Leyen.
Without income from oil exports, he warned, Moscow’s ability to sustain its military campaign would weaken significantly. “Without oil money,” Zelenskyy said, “Putin would not have money for this war.”

