From Bloomberg Markets and Finance.

Vice President JD Vance said the US has issued a “very explicit proposal” to Russia and Ukraine on a path forward to a peace deal. Speaking to reporters in India after finishing a tour of the Taj Mahal, Vance said both Ukraine and Russia would have to give up some territory each side currently controls. “The current lines, somewhere close to them, is where you’re ultimately, I think, going to draw the new lines in the conflict,” he added.
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