Sanctions on Russia are insufficient to force Vladimir Putin to the negotiating table - only US military aid can do so, according to a leading think thank.
Putin believes he can make creeping advances on the battlefield longer than Ukraine can defend it and than the West is willing to lend its support, the Institute for the Study of War said.
Higher, unsustainable Russian casualty rates would "risk Putin's efforts to balance 'butter and guns' and maintain domestic support", said the ISW.
"The United States must continue equipping Ukrainian soldiers as Russia's battlefield losses remain the key driver of Russia's current materiel, manpower, and economic problems.
"Western aid, particularly of weapons systems that only the United States can provide at scale and quickly, would allow Ukrainian forces to better defend their positions, slow Russian advances, and inflict even more serious losses on the Russian military."
Putin's strategy of incremental gains will "very likely" continue to guide his refusal to engage in peace negotiations, the ISW said.