White House envoy Steve Witkoff met Russian President Vladimir Putin in Moscow in a last-ditch effort to convince him to make peace in Ukraine or face punishing new economic penalties by Friday.

Russian President Vladimir Putin held talks with U.S. President Donald Trump’s special envoy Steve Witkoff in Moscow on Wednesday, days before the White House’s deadline for Russia to reach a peace deal with Ukraine or potentially face severe economic penalties that could also hit countries buying its oil.