Russia wants the four oblasts, which they have been accelerating their advance in in the last few months. Cheap and deadly FPV drones force slow movement in general, but in the last few months strings of Kiev-held strongholds are falling left and right. Ukraine can't field the war much longer either, and the war is becoming increasingly unpopular. What's likely is that the four oblasts go to Russia, Kiev is forced into NATO neutrality, and their millitary is severely crippled. That's absolutely a Russian victory.

Which of these do you think Russia will have to compromise on, and why would you consider the compromise to be a loss?