Key Points - Russia's lack of large-scale retaliation to recent audacious Ukrainian drone strikes deep within its territory does not signify weakness or fear, but rather a calculated confidence in its ongoing attritional strategy. -Moscow is reportedly achieving its core, albeit limited, war aims—consolidating control over eastern Ukrainian oblasts, securing the land bridge to Crimea, and ensuring Ukraine's non-NATO, neutralized status—through methodical ground advances and superior industrial output. -Russia is perceived to be "already winning" this war of exhaustion by fighting "smarter, not harder," and therefore sees no current need for dramatic escalations that could play into Western or Ukrainian...