Europe

Belgian and Lithuanian troops during the NATO Iron Wolf military exercises in Pabrade, Lithuania, on Oct. 26, 2022.
Europe

'Ready to fight' — Baltics face NATO fragility fears in the age of Trump

by Martin Fornusek

As the crisis in Washington’s relations with its European allies escalated in recent months, it raised a stark question: how secure are the U.S. guarantees for countries bordering Russia? U.S. President Donald Trump has not just antagonized NATO allies but even threatened to annex one of their autonomous territories — Denmark's Greenland. The tensions subsided as Trump pledged not to use force against Greenland in January but concerns remain. Among the U.S. allies in Europe, Estonia, Lithuania

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In the Middle East, chaos is Putin's new ally

If anyone was worried that Russia was going to intervene on behalf of its ally Iran in the new Middle East conflict, they need not be. Vladimir Putin's response to the massive U.S.-Israeli campaign against Iran — and even the Israeli strike that killed Ayatollah Ali Khamenei, Iran's longtime Supreme Leader — was at best bland. He called the U.S. and Israeli strikes "cynical" and murderous, but issued neither threats, nor red lines, nor commitments to help Iran. To understand Putin's restraint,

Russia’s President Vladimir Putin in Moscow, on Feb. 23, 2026.

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As markets opened on March 2, Russian officials were quick to frame the escalating Middle East crisis as an economic opportunity for the Kremlin. Within hours of the first U.S. and Israeli strikes, Russian Envoy Kirill Dmitriev quickly posted on X about crude potentially hitting "$100+" per barrel. Brent crude futures on the London ICE exchange initially had risen 13.04%, peaking at $82.37 per barrel — the highest level in over a year. Prices later eased to $79.38. The spike followed Iran's M

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