Time to Unleash Congress on Putin
In response to Russia’s horrific invasion of Ukraine, the United States has marshaled its allies in an economic war with no obvious precedent. Within days of Vladimir Putin’s declaration of war in February, the United States galvanized the world’s leading democracies to impose sweeping sanctions on Russia’s financial sector, including the country’s central bank — the largest sanctions target in recent history.
From the beginning of the campaign, the United States and its allies moved carefully in one key area: energy. Russia is a petro-state, dependent on oil and gas sales for...