Some Russian troops near Ukraine returning to base, Kremlin says

It was not clear how many units were being withdrawn, and by what distance, after a build-up of an estimated 130,000 Russian troops to the north, east and south of Ukraine.

Russia said on Tuesday some of its military units were returning to their bases after exercises near Ukraine, following days of U.S. and British warnings that Moscow might invade its neighbor at any time.

It was not clear how many units were being withdrawn, and by what distance, after a build-up of an estimated 130,000 Russian troops to the north, east and south of Ukraine.

The news drew a cautious response from Ukraine and Britain but prompted a sharp rally on financial markets.

“We’ve always said the troops will return to their bases after the exercises are over. This is the case this time as well,” Kremlin spokesperson Dmitry Peskov said.

He accused the United States of fueling the crisis by warning repeatedly of an impending invasion, to the point where Peskov said President Vladimir Putin had made jokes about it.

“He asks (us) to find out if the exact time, to the hour, of the start of the war has been published. It’s impossible to be understanding of this manic information madness,” Peskov told reporters.

Britain, which with the United States has led the warnings of imminent action, reacted cautiously.

“The Russians have claimed that they have no plans for an invasion, but we will need to see a full scale removal of troops to show that is true,” Foreign Secretary Liz Truss told LBC radio.