johnson162_Patrick Pleulpicture alliance via Getty Images_oil Patrick Pleul/picture alliance via Getty Images

Learning to Squeeze Russia’s Energy Revenues

With fewer headlines about the war in Ukraine, public support for taking costly steps to sanction Russia is waning. In one crucial area, however, the G7 and the European Union have figured out how to impose significant harm on Russia in a way that also supports the global economy.

WASHINGTON, DC – As its full-scale invasion of Ukraine enters its 14th month, Russia is counting on the West to lose interest. With fewer headlines about the war, public support for taking costly steps to sanction Russia is waning. In one crucial area, however, the G7 and the European Union have figured out how to impose significant harm on Russia in a way that also supports the global economy. It is time to tighten this pressure on the Kremlin.

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