A sanctions scheme designed to target and limit activity among the shadiest comrades within Russia could inadvertently increase their business opportunities in the well-established black markets operating throughout Europe.
The EU and the United States need to adopt extended, better defined, and more comprehensive energy technology sanctions with urgency, especially if Putin decides to invade Eastern Ukraine under the pretext of humanitarian assistance.
After imposing a "full embargo" on imports from the West, Russia has made it clear that the latest sanctions are politically motivated. Russians are likely to lose access to certain items that have long stopped being viewed as Western luxuries.
The most frightening possible result of sanctions is that the West could nail shut the "window to Europe" that Russia has been laboring hard to develop ever since Peter the Great first built it at tremendous cost in the early 18th century.
The tragedy of Malaysia Airlines MH17 is the price we pay for the naiveté of the West concerning Russia's Vladimir Putin, the soft response to his aggression against Ukraine and for the division, mostly of our own making, among allies.