The international sanctions coalition against Russia is unprecedented, but as the conflict continues into a possible stalemate, can the United States maintain the cohesion between allies and partners?
- Richard Nephew, senior research scholar at Columbia University’s Center on Global Energy Policy and former principal deputy coordinator for sanctions policy at the State Department, said the coalition, including the United States, has taken a deliberate approach to the economic sanctions, which allows for incremental changes over time and helps lessen the impact on allied nations.
- Nephew said the sanctions have caused economic damage to Russia, have communicated to the Kremlin that much of the international community is willing to resist Russia and have set up a risk premium for doing business with the country.
- He recommended the U.S. continue looking for alternative sources of oil and encourage partners to increase production when possible.
