U.S. intelligence reports indicate that Russian President Vladimir Putin is more resolute than ever in his commitment to persevere with the war in Ukraine, as stated by NBC News on Wednesday, citing two senior officials from the U.S. and Congress.

The analysis, shared privately with lawmakers in October, revealed no signs that Putin is willing to negotiate, even as U.S. President Donald Trump has been attempting to facilitate peace discussions.

The unnamed officials informed the news outlet that Putin is perceived as being firmly entrenched in his resolve to increase Russia’s influence over Ukrainian territory, despite suffering significant losses on the battlefield and facing growing economic pressure at home.

A spokesperson for the White House, while not commenting directly on the intelligence findings, remarked that “lasting peace hinges on Russia’s readiness to engage in sincere negotiations.”

They noted that Trump believes his recent decision to impose sanctions on Russian oil giants Rosneft and Lukoil “will contribute to ending the conflict.”

“The president has made it clear that it’s time to halt the violence and negotiate a resolution to the war,” the White House representative was quoted as stating.

The Kremlin has dismissed the sanctions as a means of political leverage, and Russia has consistently turned down requests for a ceasefire in Ukraine.

The recent intelligence assessment and sanctions have created uncertainty regarding the previously mentioned Trump-Putin summit in Budapest, Hungary, which has been postponed indefinitely by the U.S. leader.

In light of the escalating tensions, Kirill Dmitriev, the head of Russia’s sovereign wealth fund and a long-time facilitator of backchannel communications between the U.S. and Russia, visited the United States over the weekend.

On Sunday, Dmitriev criticized “monumental efforts” to obstruct dialogue with the United States.