Ukraine will soon be sold out.

If that statement sounds too brutal and conclusive, consider the evidence: The Russians occupy one-fifth of its territory and the Ukrainians’ best efforts have failed to expel these invaders. Vladimir Putin’s army is acquiring ever-more sophisticated weapons, while the Ukrainians struggle to sustain their own forces.

More serious, European nations facing economic and energy woes are desperate to see an end to the struggle on any terms short of Ukraine’s absolute surrender. If Donald Trump wins the U.S. election, it is widely assumed that, given his declared enthusiasm for Putin, the Ukrainians are toast. Even if Kamala Harris reaches the White House, it is likely she will pursue a deal to end the war because Washington sees no scenario for Ukrainian victory, despite the dispatch of $175 billion in U.S. aid.