Putin's comments were carried by the Krelim after a phone call between Putin and the EU's Michel.
The report has weighed on US stocks, boosted gold and weighted on AUD/USD, which has quickly fallen to 0.7199 from 0.7120.
Negotiators are still talking today but this may be a taste of what's to come if that falls apart. There's also talk that Russia is preparing a fresh offensive in the hope of encircling Kyiv and taking Mariupol.