With things in the Persian Gulf and the Iran War 'stuck'... it's apparently time to pivot back to that other 'stuck' war, in Ukraine. President Trump on Wednesday spoke over the phone with his Russian counterpart Vladimir Putin, with the call reportedly lasting an impressive 1.5+ hours, and the talk centered on finding ways forward both with the Iran and Ukraine conflicts.

The most important item to emerge was that Putin reportedly proposed declaring a ceasefire in Ukraine on May 9, which is Russia's 'Victory Day' in World War II, and Trump endorsed the idea.

Russian Presidential Aide for Foreign Affairs Yury Ushakov told reporters that the call was initiated by the Moscow side - and according to him, "Vladimir Putin informed his American counterpart of his readiness to declare a truce for the period of Victory Day celebrations."

Here is some of the readout and Ushakov's remarks to the press in Moscow:

"At Trump's request, Vladimir Putin described the current situation along the line of contact, where our troops are holding the strategic initiative and pushing back the enemy’s positions," Ushakov told reporters.

"Both Vladimir Putin and Donald Trump expressed essentially similar assessments of the behavior of the Kyiv regime led by [Volodymyr] Zelensky, which, incited and with the support of the Europeans, is pursuing a policy of prolonging the conflict."

Russia's invasion of Ukraine has devastated swathes of Ukrainian territory, killed thousands of civilians and forced millions to flee their homes.

Putin said he was ready "to declare a ceasefire for the duration of Victory Day celebrations. Trump actively supported this initiative, noting that the holiday marks our shared victory," Ushakov said.

The timing is interesting, given that the White House is clearly consumed with the Iran war, the Hormuz Strait crisis, and the expanding economic fallout globally and at home. Putin it seems is seeking the opportunity to soften Washington's stance toward Moscow's perspective of the Ukraine war.

But they did also heavily discuss Trump's Operation Epic Fury. Ideas for resolving the conflict were discussed - though few details on this have emerged. Putin as expected called for peace, and said that extending the ceasefire was the right move by Trump. According to some of the published statements:

"Vladimir Putin considers Donald Trump's decision to extend the ceasefire with Iran to be the right one, as this should give negotiations a chance and, overall, help to stabilize the situation."

But Putin also "highlighted the inevitable and extremely damaging consequences not only for Iran and its neighbors, but also for the entire international community, should the U.S. and Israel resort to military action once again," Ushakov said.

He added Russia was "firmly committed to providing every possible assistance to diplomatic efforts" on the Middle East war, and said the call was held at Moscow's initiative.

Despite that Iran remains a key regional ally of Russia's, it remains that Moscow has benefited from both the easing of sanctions on its oil exports at sea, and rising global oil prices - both the result of the Iran war.

Previously, Kremlin leaders have offered a deal where Iran could keep its enriched uranium but hold it on Russian territory, to ensure the continuation of its nuclear energy. This, Moscow has reasoned, could serve as a basis for a grand deal with the US.