Sanctioning Russia is a long game. Here’s how to win.

Sticking to US President Joe Biden’s public pledge to “stay the course,” the White House has made clear both publicly and privately that it intends to sustain and even intensify its support for Ukraine and pressure on Russia. While military support remains the critical pillar of Western policy, especially in the short term, economic pressure is key to the longer-term goal of isolating Russian President Vladimir Putin.