Putin's War Economy: A Sinking Ship with Lifeboats Abandoned The West's failure to crush Vladimir Putin's war economy is a story of missed opportunities, contradictory policies, and a lingering sense that collective action is just out of reach.
The recent death of Senator Lindsey Graham has cast a pall over efforts to strengthen sanctions against Russia, but it also highlights the private sector's role in combating Putin's aggression.
The West has possessed the economic power to end this war for years, but its inconsistent application of sanctions and refusal to enforce existing ones have allowed Russia to reap the benefits of elevated oil prices.