Classic Layout

Iran Update Special Report, July 27, 2026

Key Takeaways Recent attacks on regional states by Iran’s proxies and partners enable Iran to maintain plausible deniability while continuing to advance its objective of coercing the United States to end the war in terms favorable to Iran, which include accepting Iranian control over the Strait of Hormuz. Saudi Arabia …

Read More »

Russia Is Not Leaving Syria

While it no longer enjoys primacy in Damascus, the Kremlin has proven itself able to adapt to the new reality, and Washington must play the long game in response. Today, Syria is a fundamentally different country from the one where Moscow intervened in September 2015 to preserve the rule of …

Read More »

From Ally to Problem: How the 2026 Middle East Crisis Is Reshaping the U.S. Alliance and the Fate of the Persian Gulf

What began as a joint U.S.-Israeli operation against Iran had, by mid-2026, morphed into a tectonic shift in the entire Middle East security architecture. The Islamabad Pause, Not PeaceOn July 12, 2026, the world learned of the Islamabad Memorandum of Understanding between the United States and Iran. The document should …

Read More »

Le long adieu au dollar

Il arrive dans l’histoire qu’un système paraisse si parfait qu’il devienne difficile d’en imaginer la fin. À l’époque où la Grande-Bretagne «dominait les mers», on pensait dans une grande partie du monde que la livre sterling n’était pas simplement une monnaie, mais le langage naturel du commerce lui-même. Depuis le …

Read More »