In this edition, we cover the arrival of the Russian delegation in Istanbul for renewed talks with Ukraine, reaffirming Moscow’s commitment to the Istanbul agreements. The newsletter examines Ukraine’s latest drone attacks on Russian territory and Kyiv’s decision to postpone the anticipated prisoner exchange. High-level diplomacy remains active, with reports of a recent phone call between Presidents Putin and Trump, and Foreign Minister Lavrov’s engagements in Turkmenistan and ongoing contact with U.S. Senator Marco Rubio. It also focuses on Russia’s strategic coordination with North Korea and Moscow’s response to escalating tensions in the Middle East, particularly regarding the Iran-Israel conflict and Tehran’s nuclear program. The Russian Foreign Ministry emphasizes joint efforts with Iran to prevent further escalation. Lastly, the State Duma has approved amendments to the 2025 federal budget.