In the Media

In an article for The Los Angeles Times, Prof. Simon Johnson and Oleg Ustenko, an economic advisor to President Volodymyr Zelensky of Ukraine, make the case that the U.S. needs to lead the way in cutting off oil and gas sales from Russia. “The financial sanctions already in place are important but, by themselves, they will not degrade Russian fossil fuel production capacity,” they write. “The critical issue now is to save Ukrainian lives by cutting off all possible revenue to the Russian state.”