Assessments

United States

Tracking U.S. Naval Power

This map shows the approximate locations of U.S. Carrier Strike Groups and Amphibious Ready Groups.

U.S. Naval Update Map: March 5, 2026

Eritrea

Ethiopia

Senior members of Ethiopia's armed forces attend a ceremony in Guba on Sept. 9, 2025.

Military & Security

The Ethiopian government's military buildup near Tigray suggests that fresh clashes with the TPLF are likely in the coming months, which could quickly morph into a major, protracted conflict that draws in neighboring Eritrea.

Assessing the Risk of Conflict in Northern Ethiopia: Short-Term Scenarios

Iran

Israel

Volunteers clean up the rubble outside a government building in Tehran, Iran, that was destroyed by U.S. and Israeli strikes on March 4, 2026.

Economics

Energy

Politics

The war will most likely end in a tenuous ceasefire in the coming weeks, though a faster or slower truce is possible, depending on the U.S.'s political resolve to maintain its campaign against Iran.

The Iran War Will Last as Long as U.S. Political Resolve Does

U.S.-Iran Relations

India

U.S. Secretary of State Marco Rubio meets with Indian External Affairs Minister Subrahmanyam Jaishankar on Feb. 3 in Washington.

India will likely delay finalizing its trade deal with the United States while seeking opportunities to expand its Russian oil imports, creating a risk of U.S. pharmaceutical tariffs against it.

The State of the Indian-U.S. Trade Deal After IEEPA Tariffs

Ukraine

Russia

A Ukrainian serviceman stands next to a truck equipped with a machine gun during an air raid alert in Kyiv on Jan. 24, 2026, amid Russia’s ongoing invasion.

Russia-Ukraine Conflict

Russia's ability to sustain its war efforts despite mounting economic strain, combined with the U.S.'s new focus on Iran, makes meaningful progress in peace talks unlikely anytime soon.

Ukraine War Enters Its Fifth Year, With No Near End in Sight

Columns

On Geopolitics

A figurine is seen in front of the logo of the U.S. AI company Anthropic during a photo session in Paris, France, on Feb. 13, 2026.

Environment, Science & Technology

Restricting commercial and federal integration of Anthropic's AI models inadvertently risks accelerating U.S. adversaries’ efforts to catch up with American AI labs by stifling innovation and investment.

Trump Administration's Anthropic Ban Puts U.S. AI Lead at Risk

Iraq

Lebanon

People attend a gathering honoring Iran's former Supreme Leader, Ayatollah Ali Khamenei, on March 1, 2026, at Ashura Square in southern Beirut, Lebanon. 

The Iran war has thrown a wrench in Iraq's and Lebanon's political stalemates, likely further prolonging government formation and delaying elections.

Political Stalemates in Iraq and Lebanon Deepen Amid Regional Instability

Media

Podcasts

Iranian Supreme Leader Ayatollah Ali Khamenei is gone, and the U.S. and Israel-Iran war is widening. Here's what you need to know to navigate the immediate aftermath of the U.S.-Israeli strikes on Iran.

RANE Red Alert: What To Watch Following the U.S.-Israeli Attacks on Iran

Smoke plumes billow following Israel's bombardment of Beirut's southern suburbs on March 2, 2026. 

Israel is set to escalate its campaign against Hezbollah in Lebanon, despite the Lebanese government's accelerated efforts to disarm the militant group.

Lebanon Joins the Region's Growing Conflict After Hezbollah Strikes Israel

Qatar

Saudi Arabia

United Arab Emirates

Cargo ships and tankers are seen in the Strait of Hormuz off the coast of Fujairah, the United Arab Emirates, on Feb. 25, 2026. 

Although most of the Middle East's crucial oil and gas assets have so far been spared, a prolonged conflict would raise the risk of material supply disruptions and price shocks, particularly for LNG markets.

How Will the Iran War Impact the World's Oil and Gas Supplies?

Europe

A woman holds a photo of Ayatollah Ali Khamenei as Iranians protest against attacks on Iran by Israel and the United States on Feb. 28, 2026 in Tehran, Iran. 

Global Trade

Depending on the duration of maritime disruptions in the Strait of Hormuz, the escalating conflict is set to subject European economies to significant energy market volatility.

European Economic Growth Likely To Suffer From Impact of U.S. and Israel-Iran War

Bahrain

Kuwait

Oman

The Crown Plaza on March 1 showing damage from an Iranian military strike in Manama, Bahrain. Iran's attacks will push the Gulf Arab states more toward security alignment with the United States, and threaten their status as a secure investment destination.

Iran's attacks will push the Gulf Arab states more toward security alignment with the United States, and threaten their status as a secure investment destination.

The Implications of Iran's Attacks on the Gulf

Latest

Egypt

Turkey

A an Iranian missile that landed March 4 near the Turkish border in the Qamishli district of al-Hasaka, Syria. Although direct strikes as part of Iranian regional retaliation remain unlikely, the escalating conflict between the United States, Israel and Iran threatens Egypt and Turkey with energy disruptions and security challenges.

Although direct strikes as part of Iranian regional retaliation remain unlikely, the escalating conflict between the United States, Israel and Iran threatens Egypt and Turkey with energy disruptions and security challenges.

Evaluating the Spillover Risks of the Iran War for Egypt and Turkey

Indonesia

Japan

South Korea

Vietnam

The U.S. Supreme Court in October 2024 in Washington.

The U.S. Supreme Court's ruling against the Trump administration's tariffs imposed under the IEEPA still leaves Japan, South Korea, Indonesia and Vietnam vulnerable to other trade escalation mechanisms.

Japan, South Korea, Indonesia and Vietnam Assess Their U.S. Trade Deals After IEEPA Tariffs

Germany

Greece

France

United Kingdom

Cyprus

Spain

Italy

The French aircraft carrier Charles de Gaulle (R91) on Feb. 25 at the quay of the North Port in Malmo, Sweden. A prolonged conflict in the Middle East would increase Europe's exposure to security risks, including potential attacks on European-linked assets, renewed migration pressures and an elevated terrorism threat, particularly if European capitals assume a more active military or diplomatic role against the Iranian regime.

A protracted regional war threatens to expose the Continent to risks ranging from cyberattacks against critical infrastructure to a renewed influx of asylum seekers.

Prolonged Conflict in Iran Would Elevate Security, Migration Threats Against Europe

Members of the Kurdistan Democratic Party of Iran (KDPI) participate in a military drill in an outpost near Arbil, in the Kurdistan region of Iraq, on Jan. 15, 2026.

Although arming Iranian Kurdish factions might increase pressure on Tehran, such an uprising alone would be unlikely to collapse the regime, while significantly raising the risk of drawing Turkey and Iraq into the conflict.

The Risks and Constraints of a U.S.-Backed Kurdish Uprising in Iran

Snapshots

People in Tehran look to the skies from a rooftop amid reports of widespread U.S. and Israeli attacks in Iran on Feb. 28, 2026.

The U.S. and Israel are pushing for regime change in Iran, though their attacks are most likely to yield an even more hostile government, as Iran has likely enacted mechanisms to ensure political continuity. 

What To Watch For Inside Iran Amid U.S. and Israeli Strikes

Yemen

A plume of smoke rises following a reported explosion Feb. 28 in Tehran. The joint U.S.-Israel military operations on Feb. 28 against Iran have already escalated into a broader regional confrontation.

The military operations have already escalated into a broader regional confrontation and mark the onset of a sustained, multitheater conflict, but are unlikely on their own to trigger near-term regime collapse in Tehran.

A New U.S. and Israeli Attack on Iran Triggers a Regional Confrontation

Afghanistan

Pakistan

A Taliban security personnel operating an anti-aircraft gun keeps watch for Pakistani airstrikes near the Torkham border crossing between Afghanistan and Pakistan on Feb. 27 in in Nangarhar province, Afghanistan. The ongoing escalation marks a shift into overt interstate conflict, though the most likely near-term trajectory is a sustained cycle of cross-border strikes and retaliation.

The ongoing escalation marks a shift into overt interstate conflict, though the most likely near-term trajectory is a sustained cycle of cross-border strikes and retaliation.

Afghan-Pakistan Tensions Erupt Into Conflict

A digital illustration shows energy and power icons set with the EU flag. 

By embedding 'Made in Europe' requirements into public procurement, the upcoming Industrial Accelerator Act represents a fundamental shift in EU economic policy.

The EU's 'Made in Europe' Plan Will Fuel Internal Divisions, Transatlantic Tensions

Iceland

Icelandic flags are seen on a street in Reykjavik.

The prospect of a summer referendum on EU accession reflects a strategic pivot driven by heightened anxieties over transatlantic security.


In Iceland, Security Concerns, Domestic Politics Catalyze Renewed Debate Over EU Membership

Australia

European Union and Australian flags together.

European and Australian negotiators aim to strengthen supply chain resilience and hedge against growing global trade volatility.


The Strategic Logic Behind Revived Australia-EU Free Trade Talks 

Mexico

A burned car is seen on a highway near Acatlan de Juarez, Jalisco state, Mexico, on Feb. 22, 2026. The car was allegedly set on fire by organized crime groups in response to the killing of Nemesio Oseguera "El Mencho," the top leader of the Jalisco New Generation Cartel (CJNG).

The killing of the Jalisco New Generation Cartel's notorious leader will initially improve U.S.-Mexico ties, but the likely surge in cartel violence will pose long-term risks to businesses and eventually renew pressure for U.S. military action in Mexico.

What a Cartel Leader's Killing Means for Mexico's Security and U.S. Relations

Canada

China

U.S. President Donald Trump speaks during a press briefing at the White House on Feb. 20, 2026, after the U.S. Supreme Court ruled against Trump's use of emergency powers to implement international trade tariffs.

The Trump administration will use other trade authorities to replace many of the IEEPA tariffs struck down by the Supreme Court, meaning U.S. trading partners will remain incentivized to engage on trade matters.

What the Supreme Court Tariff Ruling Means for Trump and U.S. Trading Partners

Somalia

Sudan

Libya

Syria

A dark earth map of the Middle East with glowing details of cities and human population density areas.

Two blocs are emerging in the Middle East: one focused on preserving existing states and institutions, and the other on creating new ones.

Preservation vs. Fragmentation: Two Paths Toward a New Order in the Middle East

On Security

An F-15 fighter plane takes off from RAF Lakenheath at sunset on Jan. 7, 2026 in Mildenhall, the United Kingdom.

The variety and size of the U.S. military buildup give Trump a breadth of options and, compared with last June, suggest that a wider, longer-lasting campaign is more plausible this time around unless a nuclear deal is reached.

Assessing Trump's Options for Military Action in Iran

A digital illustration shows a nuclear launch map of Europe. 

Amid doubts about the U.S. security guarantee, Europe is considering using Franco-British nuclear arms to bolster its strategic autonomy within NATO, though this plan faces significant political and technical challenges.

The European Nuclear Umbrella: A Search for Strategic Autonomy

Ukrainian President Volodymyr Zelensky attends a press conference at the European Commission's headquarters in Brussels, Belgium, on Aug. 17, 2025.

Despite its strategic imperative to secure Ukraine's Western alignment, the EU remains unlikely to grant the country full or partial membership anytime soon due to numerous challenges, with the ongoing war being chief among them.

To Keep the Promise of Ukraine's Accession Alive, the EU Mulls Alternative Options

A Syrian flag flutters above crowds gathering in central Hama, Syria, during celebrations on Dec. 5, 2025, marking one year since the fall of former President Bashar al Assad's regime.

The third Syrian state, under interim President Ahmed al-Sharaa, will likely emerge as a Turkish-aligned, authoritarian regime that prioritizes internal stability, reconstruction and regional neutrality, as it tries to avoid its predecessors' mistakes and excesses.

The Third Syrian State: Autocracy, Alignment and Al-Sharaa's Unique Neutrality

Poland

The flags of NATO, the EU and Poland are seen next to each other. 

Despite achieving strategic indispensability and significant military power, Poland's political influence in the EU and NATO has lagged, creating a paradox in which it is critical to executing Western strategies but peripheral to decision-making.

Has Poland Missed Its Shot at Becoming a Major EU Power?

U.S. protectionism has dramatically weakened the rules-based, multilateral trade regime established after World War II, driving governments to increasingly view trade through a national security lens rather than purely an economic one.

The Geopolitics of Trade: Conclusion

Venezuela

The U.S. and Venezuelan governments agreed to resume diplomatic and consular ‌ties, El Pais reported on March 5. 

U.S., Venezuela: Resumption of Diplomatic Ties Indicates Sustained Collaboration

Americas

Argentina

Bolivia

Chile

Costa Rica

Dominican Republic

Ecuador

El Salvador

Guatemala

Honduras

Panama

Paraguay

Peru

U.S. Secretary of Defense Pete Hegseth signed a deal with military officials from 19 Latin American and Caribbean countries ideologically aligned with President Donald Trump's administration to fight narcoterrorist groups, Reuters reported March 5. 

U.S., Latin America, Caribbean: U.S. and Allies Agree on Aggressive Approach Against Latin American Drug Trafficking 

European crude oil benchmark Brent broke through $90 per barrel on March 6 for the first time since April 2024, Bloomberg reported the same day.

Global: Brent Tops $90 per Barrel for the First Time in Nearly Two Years

Australia lodged a formal complaint with China after a People's Liberation Army-Navy helicopter conducted what Canberra described as an "unsafe and unprofessional" maneuver near an Australian Defence Force helicopter operating over international waters in the Yellow Sea on March 4, Reuters reported March 6.

Australia, China: Chinese Helicopter Intercepts Australian Helicopter Over Yellow Sea

Japanese Prime Minister Sanae Takaichi and her Canadian counterpart, Mark Carney, announced that bilateral ties between their countries had been upgraded to a comprehensive strategic partnership during Carney's visit to Tokyo, alongside plans for an economic security dialogue focused on critical minerals, supply chains and advanced technologies, the CBC reported March 6.

Japan, Canada: Tokyo, Ottawa Elevate Ties to Comprehensive Strategic Partnership

The U.S. Trump administration is set to meet with defense contractors to push for accelerated weapons production amid diminished munitions stockpiles while the United States escalates its attacks on Iran, using B-2 bombers to drop 2,000 pound bombs on underground ballistic missile sites in the second phase of the war, Reuters reported on March 6.

MENA: U.S. Looks To Accelerate Weapons Production, Israel Launches Attacks on Beirut Suburbs

The Turkish intelligence agency MIT asked the British spy agency MI6 in February to help protect Syrian provisional President Ahmad al-Sharaa amid Islamic State efforts to kill him, Reuters reported March 6.

Syria: Turkey Requests MI6 Protection From U.K. for al-Sharaa

Science & Technology

In a study published in Geophysical Research Letters on March 6, scientists published data showing the first statistically significant evidence (at the 95% confidence interval) that global warming has accelerated -- not just increased -- over the past decade. 

Global: New Study Finds that Global Warming Appears To Be Accelerating

Ukrainian President Volodymyr Zelensky offered to share Ukraine's expertise in countering Iranian Shahed drones with the United States and Gulf partners in exchange for additional Patriot missiles and interceptors, Bloomberg reported on March 5.

Ukraine, U.S.: Kyiv Offers Drone Expertise for Patriot Missiles

U.S. President Donald Trump, alongside (left to right) Deputy Chief of Staff Stephen Miller, Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth, speaks to the press following U.S. military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida, on Jan. 3, 2026.

While Trump routinely portrays himself as unpredictable, his extensive use of U.S. military force abroad over the past year offers insight into the likely direction of his foreign policy for the remainder of his term.


Lessons From Trump’s Use of Force Abroad in His First Year Back in Office

Sub-Saharan Africa

Middle East and North Africa

Asia-Pacific

Eurasia

South Asia

A NASA satellite image shows the city lights of Europe. 

Israel-Hamas Conflict

U.S.-China Relations

In this scorecard, we take a critical look at our hits and misses in forecasting geopolitical events over the past year.

Grading Our 2025 Annual Forecast

Azerbaijan

Azerbaijani President Ilham Aliyev said Iran had committed a "terrorist act" and instructed the armed forces to prepare retaliatory measures after four Iranian drones crossed into the Naxcivan exclave, injuring four people and damaging the airport terminal and a nearby school, Reuters reported on March 5.

Azerbaijan, Iran: Drone Strike on Naxcivan Raises Escalation Risks

Finland

Sweden

Why is Turkey blocking Finland's and Sweden's accession to NATO?

Evaluating the Spillover Risks of the Iran War for Egypt and Turkey

Latest

SITUATION REPORTS

U.S., Venezuela: Resumption of Diplomatic Ties Indicates Sustained Collaboration

U.S., Latin America, Caribbean: U.S. and Allies Agree on Aggressive Approach Against Latin American Drug Trafficking

Global: Brent Tops $90 per Barrel for the First Time in Nearly Two Years

Australia, China: Chinese Helicopter Intercepts Australian Helicopter Over Yellow Sea

Japan, Canada: Tokyo, Ottawa Elevate Ties to Comprehensive Strategic Partnership

MENA: U.S. Looks To Accelerate Weapons Production, Israel Launches Attacks on Beirut Suburbs

Syria: Turkey Requests MI6 Protection From U.K. for al-Sharaa

Global: New Study Finds that Global Warming Appears To Be Accelerating

Ukraine, U.S.: Kyiv Offers Drone Expertise for Patriot Missiles

Azerbaijan, Iran: Drone Strike on Naxcivan Raises Escalation Risks

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