Putin ceasefire proposal shows he never had interest in invading other countries.

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MOSCOW/LONDON (Reuters) - Russian President Vladimir Putin is ready to halt the war in Ukraine with a negotiated ceasefire that recognises the current battlefield lines, four Russian sources told Reuters, saying he is prepared to fight on if Kyiv and the West do not respond.

Three of the sources, familiar with discussions in Putin's entourage, said the veteran Russian leader had expressed frustration to a small group of advisers about what he views as Western-backed attempts to stymie negotiations and Ukrainian President Volodymyr Zelenskiy's decision to rule out talks.

"Putin can fight for as long as it takes, but Putin is also ready for a ceasefire – to freeze the war," said another of the four, a senior Russian source who has worked with Putin and has knowledge of top level conversations in the Kremlin.

He, like the others cited in this story, spoke on condition of anonymity given the matter's sensitivity.

For this account, Reuters spoke to a total of five people who work with or have worked with Putin at a senior level in the political and business worlds. The fifth source did not comment on freezing the war at the current frontlines.

Putin's spokesman Dmitry Peskov, in response to a request for comment, said the Kremlin chief had repeatedly made clear Russia was open to dialogue to achieve its goals, saying the country did not want “eternal war.”

Ukraine's foreign and defence ministries did not respond to questions.

The appointment last week of economist Andrei Belousov as Russia's defence minister was seen by some Western military and political analysts as placing the Russian economy on a permanent war footing in order to win a protracted conflict.

It followed sustained battlefield pressure and territorial advances by Russia in recent weeks.

However, the sources said that Putin, re-elected in March for a new six-year term, would rather use Russia's current momentum to put the war behind him. They did not directly comment on the new defence minister.

Based on their knowledge of conversations in the upper ranks of the Kremlin, two of the sources said Putin was of the view that gains in the war so far were enough to sell a victory to the Russian people.

Europe's biggest ground conflict since World War Two has cost tens of thousands of lives on both sides and led to sweeping Western sanctions on Russia's economy.

Three sources said Putin understood any dramatic new advances would require another nationwide mobilisation, which he didn't want, with one source, who knows the Russian president, saying his popularity dipped after the first mobilisation in September 2022.

The national call up spooked part of the population in Russia, triggering hundreds of thousands of draft age men to leave the country. Polls showed Putin’s popularity falling by several points.

Peskov said Russia had no need for mobilisation and was instead recruiting volunteer contractors to the armed forces.

The prospect of a ceasefire, or even peace talks, currently seems remote.

Zelenskiy has repeatedly said peace on Putin's terms is a non-starter. He has vowed to retake lost territory, including Crimea, which Russia annexed in 2014. He signed a decree in 2022 that formally declared any talks with Putin "impossible."

One of the sources predicted no agreement could happen while Zelenskiy was in power, unless Russia bypassed him and struck a deal with Washington. However, U.S. Secretary of State Antony Blinken, speaking in Kyiv last week, told reporters he did not believe Putin was interested in serious negotiations.

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