Russia appears to be pleased with the position it's in.
US and Russian officials are en route to Saudi Arabia for talks, excluding Ukraine and Europe.
France is hosting an emergency summit with European and NATO leaders to discuss the situation.
BBC Senior Russia Reporter Olga Ivshina told Mike Hosking Russia is presenting itself like it has the upper hand in negotiations.
However, she says Ukraine's control over a part of Russia is an issue that bothers Vladimir Putin.
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The Mike Hosking Breakfast