Executive Summary: The Armenian-Azerbaijani dispute has always been about both Karabakh and regional transit routes, which now center on Zangezur. Addressing this problem is far more difficult than Karabakh because it directly involves not just Baku and Yerevan but all outside powers—including Russia, Iran, Türkiye,... MORE

Executive Summary: Russian President Vladimir Putin’s invasion of Ukraine has rapidly turned into a war of attrition. Along with Moscow’s difficulties raising an army and adequately equipping it, Russia is running out of the resource reserves left over from Soviet times. Senior Russian officials are... MORE

Executive Summary: Russian President Vladimir Putin’s visit to Azerbaijan reinforced Russia’s ongoing efforts to maintain influence in the South Caucasus, where increased cooperation on food security, labor, and oil production were announced. Russian Foreign Minister Sergei Lavrov’s comments on the Zangezur Corridor ignited tensions with... MORE

Executive Summary:  The Arctic Express route was launched in July as part of the joint Russian-Chinese development of the “Ice Silk Road,” which aims to develop the shortest route from the Pacific Ocean to the Atlantic via the Arctic. China increasingly sees strategic benefit in... MORE

Executive Summary: Baku is currently turning away from the West toward Russia and Iran, angry at Western countries for their support of Armenia and criticism of human rights issues in Azerbaijan, and hopeful that Moscow and Tehran will help achieve its geo-economic and geopolitical goals.... MORE

Executive Summary: Russia currently has the largest fleet of icebreakers in the Arctic. Its lead over others, however, is somewhat deceptive as most are small and devoted to clearing ice from harbors rather than keeping the Northern Sea Route open. The United States, Canada, and... MORE

Executive Summary: Armenian Prime Minister Nikol Pashinyan is moving Armenian foreign policy away from traditional alliances with Russia and Iran, favoring closer ties with the West which could be an important paradigm shift in its foreign policy after dependence on Moscow and Tehran. Yerevan’s new... MORE

Executive Summary: Beijing, Bishkek, and Tashkent signed a joint agreement in June to finance and begin constructing the oft-discussed China–Kyrgyzstan–Uzbekistan railway by October 2024. After many years of discussion, China finally pledged to finance over half of the project’s costs, and the parties appear to... MORE

Executive Summary: Kazakhstan, Turkmenistan, and Afghanistan have agreed to develop a trilateral transit corridor that would connect India to Russia via the eastern branch of the International North-South Transport Corridor. Moscow and New Delhi have enjoyed stronger ties lately, and both governments would support such... MORE

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