Executive Summary: The Caspian Sea region looks to become an international energy hub as the European Union seeks alternatives to its energy dependence on Russia through the export of natural gas from littoral Caspian Sea states. Moscow is concerned about the prospect of the Caspian... MORE

Executive Summary: In June, Kazakhstan voiced its plans to declassify data on rare-earth and rare-metal deposits as well as a renewed effort to attract Western investment to mine and process the country’s vast reserves. Russia’s war against Ukraine has exposed the European Union and Western... MORE

Executive Summary: Turkish Foreign Minister Hakan Fidan’s visit to Xinjiang underscores an expanding partnership with China, signaling a shift in Türkiye’s approach to the Uyghur issue and demonstrating a renewed focus on strengthening bilateral ties. Ankara seeks greater Chinese investment and a reduction in their trade imbalance amid severe economic struggles... MORE

Executive Summary: Kazakhstan, Azerbaijan, and Uzbekistan have formed a plan for the transmission of green energy to the European Union via the Caspian Sea. The use of Caspian routes to transport energy to Europe has increased following Russia’s full-scale invasion of Ukraine and the subsequent... MORE

Executive Summary: The United States is closing its uranium market to Russia, a move that could have ripple effects on other Russian industries further disrupting the struggling economy. Russia is expected to seek alternatives to the US market by increasing uranium exports to “friendly” countries... MORE

Executive Summary: Moscow’s first direct attack on a NATO country may come against Norway’s Svalbard archipelago, a possibility that continues to divide NATO on whether a Russian move there would require an Article 5 response. Moscow’s interest in Svalbard, a demilitarized region, has grown because... MORE

Executive Summary: Azerbaijan and Slovakia recently signed an agreement on defense cooperation that opens the door to joint defense production, with Slovakia set to produce weaponry funded by Baku. Slovakia’s expansion of its strategic partnership with Azerbaijan takes on a significant geopolitical dimension, potentially reshaping... MORE

Executive Summary: Russia’s hybrid strategy against Ukraine continues to focus heavily on crippling civilian infrastructure to undermine the Ukrainian economy. Moscow is targeting Ukraine’s underground natural gas storage system, with the aim of weakening the European Union since it has increasingly relied on Ukraine’s storage... MORE

Executive Summary: Taiwan’s heavy reliance on energy imports, coupled with high energy demands, poses significant challenges, with semiconductor manufacturing being a major consumer. Environmental concerns such as droughts, exacerbated by climate change, and Taiwan’s fossil fuel-heavy energy mix raise serious alarm bells for the island’s... MORE

Executive Summary: Serbian President Alexander Vučić confirmed a new $300 million defense contract with Azerbaijan on February 6, following years of strategic agreements between the two countries. The new defense contract will give Azerbaijan a foothold in the Balkans, providing Baku with a path to... MORE