Effectiveness of Sanctions on Russia

Sanctions imposed on Russia in response to its invasion of Ukraine have had an impact on reducing the resources available to Russia to wage war. Over 3,600 individuals, entities, vessels, and aircraft have been targeted, including Russian-owned banks, military manufacturers, and government leaders. These sanctions have forced Russia to find alternative buyers for its oil, such as India and China. Going forward, the coalition of sanctioning nations will need to enhance enforcement and implement new strategies to counter Russia's attempts to bypass the sanctions.