Despite Russia facing a tougher resistance than expected during the first week of its military offensive in Ukraine, US and European officials warn that the darkest days of the invasion lie ahead.
WASHINGTON — Though Russia is facing a tougher resistance than expected, as well as logistical setbacks during the first week of itsprepares for the worst to unfold in Ukraine in the coming days and weeks, it is internally discussing possible sanctions on Russia’s energy sector, current and former U.S. officials said.
“But we and our allies and partners share a strong interest in degrading Russia’s status as a leading energy supplier over time,” the official added. Officials expect Russia to topple the Ukrainian government and they predict a civil and armed resistance will take hold. President Joe Biden and other senior administration officials, however, have emphasized that the goal is to tailor sanctions so they have maximum impact on Russia, while trying to minimize any fallout on the U.S. and European economies. When sanctioning Russia’s access to the SWIFT banking system, for instance, the United States and Europe structured the move so it left banks available to facilitate payments for oil sales.
“We are looking at other options we could take right now to cut U.S. consumption of Russian energy, but in the context of maintaining a steady global supply of energy,” the administration official said. Fueling the dire predictions is the assessment by the West that Russia is not backing down but doubling down in the face of Ukrainian resistance.
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