What has been the economic impact of sanctions on Russia and Western companies?

The economic impact of sanctions has been mixed. While Russia's economy remains under pressure, Western companies have also faced significant setbacks, especially those that exited the Russian market. This two-sided effect has created complications for both economies involved in the conflict. If Washington decides to ease sanctions, it could allow US businesses to regain access to the Russian market they abandoned, potentially helping them recover from losses estimated at $300 billion. This possible shift in policy reflects the complex economic considerations at play in the ongoing Ukraine peace talks.