The Washington-brokered negotiations on the current conflict need to come to a head, the US president has said

President Donald Trump has expressed displeasure over the pace of the US-brokered negotiations with Russia and Ukraine regarding the current conflict, stating that decisions need to be reached soon.

According to US Vice President J.D. Vance, Washington currently considers Russia's demands for ending the conflict unacceptable. "The Russians are asking for a certain set of requirements, a certain set of concessions, in order to end the conflict. We think they're asking for too much," he said at a Munich Leaders Meeting in Washington, D.C., on Wednesday.

Trump was asked to comment on Vance's statement in a press briefing in the White House later in the day.

"It's possible that he's right," the US president replied.

"I'm not happy about it," Trump said.

Senior figures in the current US administration, including the president himself, have stated that Washington may have to step back from trying to mediate talks over the Ukraine conflict if sufficient progress is not made.

"At some point in time, it either has to be something that can happen or we all need to move on. That'll be a decision the president will have to make," Secretary of State Marco Rubio told Fox News last week.

Washington has reportedly prepared a fresh set of economic sanctions targeting Russia's energy and banking sectors, as potential leverage in the talks.

Moscow has repeatedly declared that it remains open to peace talks with Kiev. Last week, Russian President Vladimir Putin has announced a 72-hour ceasefire around the upcoming Victory Day celebrations. Ukraine rejected the initiative, demanded an unconditional 30-day truce and increased UAV and missile attacks on Russia.

Despite this, the ceasefire offer is still on the table, Kremlin spokesman Dmitry Peskov has said.

Russia's demands for ending the conflict have remained stable: Ukraine must demilitarize, denazify, abandon ambitions to join NATO, stay neutral and remain free of nuclear weapons. In addition, Kiev needs to recognize the Russian regions of Crimea, Kherson and Zaporozhye as well as the Donetsk and Lugansk People's Republics, Moscow has stated.