That is the question I have. I am not saying that I have ‘evidence’ but you can judge the information I will hand you now. Early yesterday morning I stumbled upon ‘Saudi Arabia ‘comfortable’ venue for talks to end Ukraine war: Vladimir Putin’ where we are given (at https://www.thehindu.com/news/international/saudi-arabia-comfortable-venue-for-talks-to-end-ukraine-war-vladimir-putin/article68773948.ece) “Saudi Arabia will be a ‘comfortable’ venue for talks to resolve the Ukrainian crisis, said Russian President Vladimir Putin on the sidelines of the BRICS summit on Saturday (October 19, 2024).” With the ‘supporting’ text ““I repeat once again: we are ready to return. We didn’t interrupt the negotiations. I want to remind you: it was the Ukrainian side that said that it would not continue negotiations with Russia. First. Second. A decree of the President of Ukraine has been issued prohibiting negotiations with us,” said President Putin accusing Ukraine of preventing a solution from emerging.” To be honest, I do not put much faith in the words of Vladimir Putin, as I see it, he is nothing more than a mass murderer of Women, children, aid workers and more. The bombing of the Ukraine might be one of the most disgusting acts against a people since long before the Crusades. An act that makes the acts of Genghis Khan sound like a simple sniffle.
Then we get the Kyiv Independent (at https://kyivindependent.com/general-staff-russia-has-lost-672-850-troops-since-feb-24-2022/) handing us ‘General Staff: Russia has lost 672,850 troops since Feb. 24, 2022’, we knew that the Russians were losing a lot of people and we see this below

Apart from the 678,520 soldiers who went the way of the dodo, they also lost 26987 vehicles, 9047 tanks, 369 aircrafts, 329 helicopters, 17,050 drones and a submarine and a few other items. Beside this Russia seems to be toting North Korean hardware and troops. The once mighty Russia is now relying on North Korean troops and weapons. As I personally see it Russia is on the threshold of defeat. The once mighty country that had the west shaking in its boots is now relying on a nation Russia once looked down on is sending troops and hardware. Yes, President Putin is looking for a comfortable place to talk about any solution that sees Russia in an alternative route towards non-defeat. The latter part is not really an option, but he might want to keep the hope up. I personally see that there is another side. China sees the war as a hindrance and they like Saudi Arabia as a winner in any political solution at present. But that is merely my view on the matter.
Russia needs a scapegoat in all matters and as President Putin made sure all his adversaries have committed suicide out of windows. He is now left massively out of options and the Saudi setting is now his (presumably) only way out. At this point he might get away with a working military in about a decade as it will take time to replenish 9000 tanks, 369 aircrafts, 329 helicopters and a submarine, preferably in a 21st century setting. As such the Russian steel mills will need to be repurposed and it can afford nothing more until at least 2030. And that is all presuming that Russia wants a working solution at this point, it will cost them dearly as well as the Russian ‘blemish’ that they lost to a global army in 20th position, that is the defeat and larger political loss they face. With the setting in Saudi Arabia he could possibly avert an expulsion from BRICS. At present China and India are considering the gains they make on the global stage if Russia becomes isolated. China gains defence contracts all over the world, India will get several boons all over the commercial field and that is the premise that Russia is now looking at.
As such the Saudi premise works for Russia, but only if they play nice. Any act that is seen negatively by the Ukraine will be taken harshly and if the Ukraine walks out of these talks Russia’s goose will be cooked, peppered and marinated. As such I have the question. What is the real deal here? I have faith that Saudi Arabia sees this as an opportunity, as does China. But in this instance it depends on what game President Putin will be playing. Not only does he know that he is with his back to the wall, will he embrace the small options of a massively greater loss is heading his way? I cannot tell, because that requires an insight of a mass murdering mind I do not have.
Have a great day wherever you are.