Russian Forces in Ukraine Near First Major Conquest in More Than Two Years

Russia’s army is on the verge of its biggest Ukrainian conquest in more than two years. But the potential prize, a devastated city strewn with corpses, points to what could be a more important battle than the one for territory: Which side will bleed out of military resources first?

As the war approaches a fifth year, Russia is betting that its military machine, fed by its vast industrial capacity and much-larger population, will eventually overwhelm its western neighbor. Ukraine is seeking to deplete those resources and relying on Western allies to keep it funded and armed.