Behind Ukraine-Russia naval tensions, a more brutal economic war

Russia's conflict with Ukraine is back in the headlines after Russia seized three Ukrainian military vessels and their crews near Crimea, triggering a declaration of martial law in Ukraine and a fresh escalation of tensions between the two formerly friendly neighbors.

But very little attention has been paid to the economic slugfest between the two, which has caused far more destruction than Russia's sanctions war with the West over the past five years, and will leave lasting consequences even if they manage to resolve the present, seemingly intractable, political conflict.

Russia and Ukraine were joined at the hip as part of a single state for more than three centuries. Both countries were hard hit by the rupture of traditional ties when the Soviet Union collapsed almost three decades ago, but that greatly intensified after a pro-Western government came to power in Kiev in early 2014, and Russia responded by annexing Crimea and promoting a separatist war in eastern

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