Equatorial Guinea

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United States

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Iran

Iraq

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Libya

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Economics

Energy

OPEC+ announced on May 3 that it will raise its collective oil production cap by 411,000 barrels per day in June, an increase from the original production increase of roughly 138,000 barrels per day to which the bloc previously agreed.

Global: OPEC's Production Increase Provides Some Tariff Respite

Israel

Politics

A huge port explosion in the Iranian city of Bandar Abbas on April 26 killed 45 people, injured over 1,000 others and temporarily led to the port's closure, Newsweek reported on April 28.

Iran: Government Refrains From Blaming Israel for Massive Port Explosion

U.S.-Iran Relations

U.S. and Iranian officials made positive remarks following their second round of indirect nuclear talks, and technical talks will occur on April 23, followed by high-level talks on April 26, Reuters reported on April 19. 

Iran, U.S.: Nuclear Talks Appear Positive Despite Mixed Messaging on Enrichment

Iranian Foreign Minister Abbas Araghchi and U.S. special envoy Steve Witkoff spoke for around 45 minutes following indirect talks between Iran and the United States in Oman on April 12, Axios reported on April 13.

Iran, U.S.: Initial Round of Nuclear Talks Ends in Direct, High-Level Discussion

During U.S.-Iran nuclear talks on April 12 in Oman, Iran may propose an interim nuclear deal with the United States in an effort to extend talks beyond U.S. President Donald Trump's 60-day deadline, Axios reported on April 10.

Iran, U.S.: Iran May Propose Interim Nuclear Deal as Khamenei Authorizes Potential Direct Talks With U.S.

Military & Security

U.S. President Donald Trump announced on April 7 that the United States and Iran would hold "direct" talks on April 12.

U.S., Iran: Governments to Hold Nuclear Talks in Oman

Israel-Hamas Conflict

Several Iranian-backed Iraqi militias, including Kataib Hezbollah, Nujabaa, Kataib Sayyed al-Shuhada and Ansarullah al-Awfiyaa, are reportedly in advanced discussions to disarm, Reuters reported April 7, citing senior commanders and Iraqi officials. 

Iraq: Iranian-Backed Militias Reportedly Discussing Disarmament

Qatar

The United States is "seriously" considering Iran's proposal for indirect nuclear talks through Omani intermediaries, Axios reported on April 2, citing two U.S. officials. 

U.S., Iran: Trump Administration Weighs Iran's Offer of Indirect Nuclear Talks 

Assessments

A woman walks by anti-U.S. murals on the walls of the former U.S. embassy in downtown Tehran, Iran, on April 11, 2025. 

The U.S. will likely have to allow some Iranian uranium enrichment to ink a nuclear deal, likely resulting in Saudi Arabia seeking similar provisions for its own civilian nuclear program.

With Iran and Saudi Arabia, the U.S. Faces a Uranium Enrichment Dilemma

Canada

Europe

Italy

Ukraine

India

Pakistan

Indian soldiers stand guard atop their vehicle in Srinagar, India, on April 23, 2025, following a deadly militant attack on tourists in Indian-administered Kashmir.

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: Escalating Pakistan-India Tensions, Canadian Elections and Pope Francis' Funeral

Columns

On Geopolitics

Lebanon

Syria

A Lebanese flag painted on a damaged building in the village of Meiss El-Jabal in southern Lebanon is seen from a position on the Israeli side of the border on Jan. 23, 2025, in northern Israel. 

Hezbollah's military losses and the formation of Lebanon's new government have opened the door to a new chapter in Lebanese history, although external pressure will complicate the country's next steps.

Hezbollah's Future in Lebanon

United Kingdom

Workers at a quarry Feb. 26, 2025 in the Zhytomyr region of Ukraine.

Cyber

Russia-Ukraine Conflict

The Weekly Rundown: Von der Leyen Meets Starmer, a U.S.-Ukraine Minerals Deal

Yemen

Mock drones and missiles are displayed at an exhibition on Nov. 13, 2024, in Sanaa, Yemen. 

Recent actions by Iran and its Iraqi proxies appear designed to appease the U.S. as the Trump administration weighs taking aggressive military action against them both.

To Placate the U.S., Iran Temporarily Scales Back Its Regional Proxy Strategy

Ecuador

Cambodia

China

Malaysia

Vietnam

Chinese President Xi Jinping attends the closing session of the National People's Congress (NPC) in Beijing, China, on March 11, 2025. 

The Weekly Rundown: Xi Tours Southeast Asia, Iran-U.S. Nuclear Talks Begin

Armenia

Azerbaijan

Russia

Armenia's foreign minister (2nd R) speaks during a meeting with his Azerbaijani and Kazakh counterparts in Almaty on May 10, 2024. 

A peace deal between Armenia and Azerbaijan is edging closer, but political delays in Yerevan postpone its implementation and leave the risk of renewed border tensions unresolved.

Armenia-Azerbaijan Peace Deal Progresses, Though Hurdles Remain

Global Trade

Rising tensions between the U.S., Israel and Iran are increasing the risk of direct strikes on Iranian territory and potential retaliation in the Strait of Hormuz, threatening to disrupt global oil flows and destabilize energy markets.

The Geopolitics of Trade: Security Threats in the Strait of Hormuz and Likely Strategies

Media

Mexico

Australia

Philippines

Forecast Webcast

U.S.-China Relations

Join our analysts for this webcast recording exploring key topics identified in RANE's 2025 Second-Quarter Forecast.

2025 Second-Quarter Forecast Webcast

Brazil

Japan

U.S. Secretary of State Marco Rubio (L) and Israeli Prime Minister Benjamin Netanyahu during a joint press conference Feb. 16 at the prime minister's office in Jerusalem. Senior Israeli officials from the security and intelligence ministries will visit the United States to discuss Iran's nuclear program and Israeli border demarcation talks with Lebanon.

The Weekly Rundown: The U.S. and Israel Coordinate on Iran, the U.K. Chancellor Seeks Fiscal Discipline

Oman

A rally on Jan. 24 in Sanaa, the Houthi-controlled capital of Yemen. Should the United States attack Iranian ships and advisers supporting the Houthi rebel group, Houthi and Iranian retaliation would become likelier to extend beyond U.S. and Israeli targets to include regional oil and gas installations.

Should the United States also attack Iranian ships and advisers supporting the Yemeni rebel group, Houthi and Iranian retaliation would become likelier to extend beyond U.S. and Israeli targets to include regional oil and gas installations. 

U.S. Strikes on Houthis Risk Embroiling Iran and the Regional Energy Industry

A billboard showing Iran's Supreme Leader Ali Khamenei is seen in Baghdad, Iraq, on Oct. 7, 2024.

New U.S.-Iran talks are unlikely to make headway, if they begin at all, due to distrust and a mutual unwillingness to compromise, which could see the U.S. or Israel resort to military strikes on Iran's nuclear program.

Despite Trump's Push for Talks, a New U.S.-Iran Nuclear Deal Remains Unlikely

Iran sits at the crossroads of the Islamic world. Linking the Middle East, the Caucasus and Central and South Asia, Iran has struggled to balance the benefits and risks of its geographic position.    Iran's core is located in the western Zagros mountain range. From this secure geography, the beginnings of the Persian Empire spread throughout Iran's mountainous topography securing the Alborz, the southern Zagros and much of the Iranian plateau.    Iran's primary geographic challenge has been to secure itself from the many external threats on its borders. Arabs, Mongols and Turks all conquered ancient Persia at various times, prompting Persia to expand its territorial control whenever possible to establish a buffer to protect its core.    At its height, the Persian Empire stretched from the Eastern Mediterranean to the Hindu Kush mountains, bridging modern-day Europe and Asia. Echoes of this former empire can be seen even today, with Iran's support for Hezbollah in Lebanon, the al Assad regime in Damascus and the Shiite-led government in Iraq.    Iran has also struggled to unite and control the various language and ethnic groups located within its core territories, a process impeded by the country's difficult terrain. Modern-day Tehran is aided by its large hydrocarbon reserves; Iran boasts the fourth-largest oil reserves and largest natural gas reserves in the world. The 20th century saw British, Russian and American interests competing not only to control Iran's strategic geographic location, but its significant energy reserves as well.    This modern-day reliance on energy revenues has resulted in Iran's focus on securing the Strait of Hormuz and expanding control over the Persian Gulf to secure its core territories from the threat of outside invasion.

SITUATION REPORTS

Global: OPEC's Production Increase Provides Some Tariff Respite

Iran: Government Refrains From Blaming Israel for Massive Port Explosion

Iran, U.S.: Nuclear Talks Appear Positive Despite Mixed Messaging on Enrichment

Iran, U.S.: Initial Round of Nuclear Talks Ends in Direct, High-Level Discussion

Iran, U.S.: Iran May Propose Interim Nuclear Deal as Khamenei Authorizes Potential Direct Talks With U.S.

U.S., Iran: Governments to Hold Nuclear Talks in Oman

Iraq: Iranian-Backed Militias Reportedly Discussing Disarmament

U.S., Iran: Trump Administration Weighs Iran's Offer of Indirect Nuclear Talks

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