In a bold and strategic move, financial expert Scott Bessent has unveiled a groundbreaking plan aimed at crippling Russia’s war effort and compelling President Vladimir Putin to negotiate peace. As the conflict in Ukraine rages on, Bessent highlights the urgent intersection of economics and security, arguing that the key to ending the violence lies in targeting Russia’s beleaguered economy.

With inflation soaring above 20% and over a quarter of its GDP tied to military expenditure, Russia’s economic stability is teetering on the brink. Bessent emphasizes the urgency of leveraging economic pressure—both “carrots and sticks”—to induce compliance from Putin, who has repeatedly failed to honor past agreements. The expert’s insights come as both Ukraine and Russia appear increasingly eager to find a resolution to this devastating conflict.

Central to Bessent’s strategy is the potential use of frozen Russian assets, which are currently being utilized to fund the war. By rethinking sanctions and imposing higher tariffs on nations, such as India, that continue to buy sanctioned Russian oil, the international community can amplify the economic strain on Moscow. This approach not only aims to weaken Russia’s military capabilities but also seeks to create a pathway for diplomatic discussions.

As the situation develops, the urgency of Bessent’s plan cannot be overstated. With both sides weary of the ongoing violence, the time to act is now. The world watches closely as economic strategies could soon dictate the course of peace in Ukraine, potentially reshaping the geopolitical landscape. The stakes are high, and the call for decisive action has never been more critical.