The Washington-based Institute for the Study of War (ISW) says that the Kremlin is likely preparing to conduct a "decisive strategic action in the next six months intended to regain the initiative and end Ukraine’s current string of operational successes." Here we publish key points from ISW's January 15 assessment of the Russian offensive campaign. 
- LOE 1: The Kremlin is intensifying both near- and long-term force-generation efforts.
 - LOE 2: The Russian military is conserving mobilized personnel for future use — an inflection from the Kremlin’s initial approach of rushing untrained bodies to the front in fall 2022.
 - LOE 3: Russia is attempting to reinvigorate its defense industrial base (DIB).
 - LOE 4: Putin is re-centralizing control of the war effort in Ukraine under the Ministry of Defense and appointed Russia’s senior-most uniformed officer, Chief of the General Staff Valery Gerasimov, as theater commander.
 - LOE 5: The Kremlin is intensifying its conditioning of the Russian information space to support the war.
 
- COA 1: A major Russian offensive, most likely in the Luhansk Oblast area.
 - COA 2: A Russian defensive operation to defeat and exploit a Ukrainian counteroffensive.
 
Ammo shortages likely to hinder Russia’s ability to sustain offensive operations in 2023 – ISW
Russia continues to weaponize religion to perpetuate long-standing info ops and discredit Ukraine – ISW
Russia to struggle to keep pace of operations as it burns through its artillery ammo stocks – ISW