The Kremlin insisted Friday that a settlement in Ukraine couldn’t be facilitated by a drop in global oil prices as U.S. President Donald Trump has suggested. Speaking by video from the White House to the annual World Economic Forum in Davos,

Kremlin spokesman Dmitry Peskov commented on U.S. President Donald Trump's statement calling for a decrease in world oil prices to end the war between Moscow and Kyiv, claiming that the move will not affect its outcome.

The Ukraine war is about Russia's national security and not about oil prices, the Kremlin said on Friday after U.S. Donald Trump called for a cut in the price of oil.

Russian President Vladimir Putin is ready to hold a phone call with U.S. President Donald Trump and Moscow is waiting for word from Washington that it is ready too, Kremlin spokesperson Dmitry Peskov said on Friday.

Expectations are high that Russian President Vladimir Putin and Trump will soon hold a phone call to discuss the conflict, after the Republican pledged on the campaign trail to bring a swift end to the fighting.

His inauguration speech was loudest in its silence on Ukraine. But hours later, US President Donald Trump laid bare – in a trademark casual, rambling fashion – his position over the war in Ukraine. And it was tougher on the Kremlin than you might expect.