PARIS 鈥 Six months after Russian forces launched what they hoped would be a blitzkrieg invasion of Ukraine, the conflict has turned into a grinding campaign of daily air strikes and battles with no clear endgame in sight.
Much of the country鈥檚 east and south are under Russia鈥檚 control, depriving Ukraine of the Black Sea ports vital for the grain exports that are the lifeblood of its economy.
Russia is also suffering under Western sanctions, though few expect President Vladimir Putin to end the slow but steady push deeper into Ukraine anytime soon 鈥 let alone give up the territories already occupied.
How long could it last?
Both sides have sustained punishing losses of lives and materiel, but neither appears willing to consider a ceasefire.
Ukrainians believe they are in an existential fight to defend a nationhood that Putin dismisses as a historical fallacy.
鈥淚n such circumstances, nobody can win,鈥 said Konstantin Kalachev, a Moscow-based political analyst. 鈥淭his 鈥榮pecial military operation鈥 could go on for years.鈥
鈥淩ussia is hoping to win by wearing them down鈥 Time is not on Ukraine鈥檚 side, and its economy could break,鈥 he told AFP.
Marie Dumoulin, a director at the European Council on Foreign Relations, said the vigorous support from Western allies would also make it harder for either side to back down now.
鈥淓ach side thinks they can still press a military advantage, so it鈥檚 unlikely that this is going end soon,鈥 she said.
Putin has also framed the conflict as part of Russia鈥檚 resistance to an expansionist Nato, making any suggestion of 鈥渄efeat鈥 unacceptable.
He could punish Ukraine鈥檚 desire for closer EU integration by pushing toward the key port of Odessa, effectively landlocking the country and throttling its exports.
Ukraine鈥檚 President Volodymyr Zelensky meanwhile might seek more tactical successes, like the sinking of the Moskva missile cruiser in April, or possibly even try a counter-offensive to retake some areas.
鈥淭hat would allow him to remotivate Ukrainian troops and society and justify his requests for more aid from European partners,鈥 Dumoulin said.
Can Ukraine continue to resist?
Military hardware and intelligence data from Europe and the US have allowed Ukrainian forces to slow 鈥 but not stall 鈥 Russian forces in the Donbas and along the Black Sea coast.
But that is also allowing Russia to consolidate its positions, having already built up its military presence on the Crimean peninsula over the past eight years since its annexation by Moscow.
And so far, Zelensky鈥檚 pleas for more advanced and powerful weapons have been unsuccessful.
鈥淭he Ukrainian people are united and support the government so far, but that stability also strongly relies on the idea that the West helps Ukraine in this war,鈥 said Dimitri Minic, a research fellow at the French Institute of International Relations in Paris.
The arrival of cold weather will also test Ukrainians鈥 resolve if they face fuel shortages, power or heating cuts, and other hardships, especially if more people are driven from their homes by the fighting.
Dumoulin noted that 40 percent of Ukraine鈥檚 schools will remain closed when classes resume in September, which could take a heavy psychological toll.
鈥淢uch is going to depend on their capacity to endure the winter, especially for those behind the front lines鈥 It鈥檚 going to be difficult,鈥 she said.
Will Russia鈥檚 economy hold out?
Despite Moscow鈥檚 miscalculation of Ukraine鈥檚 capacity to resist, Russia appears ready to pay the costs of a long war of attrition.
Ukraine鈥檚 allies sought to strangle Russia鈥檚 economy by crimping its oil and gas sales, on which it depends, while imposing sanctions that restrict imports and forced many Western companies to quit the country.
But 鈥渆xport receipts, mostly from oil, gas, coal and other commodities, have not only held up but have exceeded expectations,鈥 said Chris Weafer, a longtime Russia analyst at the Macro-Advisory consultancy.
Ordinary Russians have already endured sanctions since the Crimea seizure, and the government soon found new sources for industrial components and other materials from Turkey or Asia.
鈥淭he economy, industry and people have had eight years to adjust to sanctions so that today, the country and people are better prepared and with greater self-sufficiency, albeit at a basic level,鈥 Weafer said.
However, the full effect of sanctions could begin to bite hard in the coming years, as Russia diverts funds from investment to the war effort, and foreign firms remain wary.
鈥淲e鈥檙e going to feel the full effect in around five years,鈥 Kalachev said.
What are potential outcomes?
If the conflict sinks into a quagmire over the winter and into 2023, much will depend on whether the West鈥檚 support will hold up, especially if voters feel the costs 鈥 not least rising fuel and food prices 鈥 are becoming too high.
鈥淧robably there will come a point when Putin will count on Western lassitude and will offer some openings鈥 to push Western leaders to pressure Ukraine into ending the conflict on Russia鈥檚 terms,鈥 Dumoulin said.
Barring a disastrous military miscalculation, Ukraine鈥檚 army is unlikely to collapse outright, and few expect Zelensky will accept any negotiations that do not see Ukraine recover all lost territory, including Crimea.
And if its allies continue to provide aid and weapons, Russia鈥檚 military advantage could steadily erode.
That could also threaten Putin鈥檚 public support at home, potentially catalyzing opposition forces ahead of presidential elections set for March 2024.
鈥淲hat could aggravate tensions between the Kremlin and what remains of civil society鈥 is a declaration of war, martial law, or general mobilization,鈥 Minic said.
鈥淭his would be difficult to manage in large cities such as Moscow or Saint Petersburg, where the obsessive anti-Western narrative has less of a hold.鈥
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