Geopolitical Strategy & Risk Assessment - Brookings believes President Trump has the right framework for approaching the war, but the odds of a near-term ceasefire are long [1][3] - Threatening tomahawk missile transfers to Ukraine is a step in the right direction, but a more concerted economic strategy is needed to pressure Putin [2] - Public negotiation through press conferences aims to influence Vladimir Putin [4] - Escalation risks to NATO territory exist if tomahawk missiles are transferred to Ukraine, but the US is not willing to be cowed by implied Russian threats [5] Economic Pressure & Sanctions - Three categories of economic pressure include another US assistance package for Ukraine, coordinating listings of illicit ships evading the oil price cap, and a more concerted international sanctions campaign [6][7] - The industry should consider reducing economic interaction with Russia, with potential secondary sanctions if cooperation is lacking [7] - Coordinating international sanctions lists with European allies can prevent Russia from evading the oil price cap [11][12] - Targeting the "ghost fleet" of Russian ships by adding them to international sanctions lists can impact Russia economically by preventing them from obtaining insurance [9][11] - Europe lowered the Russia oil price cap recently to the mid $46 range trying to apply more pressure [9]

Sanctions & Restrictions - EU states approved a new sanctions package on Russia due to the war against Ukraine [1] - The package includes a revised oil price cap [1] - The package includes new banking restrictions [1]