• Ukrainian President Volodymyr Zelenskyy offered a potentially open-ended ceasefire starting Wednesday, May 6.
  • Russia’s defense ministry demanded a halt to hostilities for Friday and Saturday to mark Victory Day, threatening a massive missile strike on Kyiv if not met.
  • Zelenskyy said Ukraine would act symmetrically based on Russian actions and urged the Kremlin to take real steps to end the war.
  • Russia’s military parade in Moscow will be held without tanks and missiles for the first time in nearly two decades, indicating fear of drone attacks.
  • High oil prices will not boost Russian economic growth due to Ukrainian drone attacks and Western sanctions, with GDP contracting 0.3% in Q1.
  • A Russian missile attack killed seven in Merefa, while Ukrainian drones struck Russian infrastructure including oil refineries.