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Will Iran’s regime survive?
What’s next for Iran’s regime? Ian Bremmer says, “It’s much more likely that the supreme leader ends up out, but the military… continues to run the country.” Despite global speculation, real change will depend on the Iranian people, not foreign intervention, says Ian.
As attention shifts to the Middle East, Ukraine faces intensified Russian strikes with less international spotlight. Still, Ian notes NATO support remains “pretty solid,” and the upcoming NATO summit in The Hague will be a key signal of that.
And as China pushes for a multipolar currency system, Ian is skeptical: “It’s not premature to talk about multipolarity economically—it is in terms of a currency order.”
A satellite image shows the Natanz nuclear facility after an airstrike in Iran, on June 14, 2025.
What the world thinks of the Israel-Iran conflict
The Israel-Iran conflict continues to rage on: US President Donald Trump called for “UNCONDITIONAL SURRENDER” on Tuesday, while Iranian Supreme Leader Ayatollah Ali Khamenei ruled out surrendering Wednesday morning. Iran is also considering bombing US bases.
Much of the world’s focus is, understandably, on what the United States will do next (for more, see here) – but there are other major powers with a big stake in this conflict too. Here’s a roundup of their views on the rapidly escalating conflict.
Russia on the fence. Moscow, long friendly with Tehran, has drawn even closer to the Islamic Republic since the full-scale invasion of Ukraine in 2022, in large part thanks to Iran’s supply of drones. The two sides even signed a security agreement earlier this year. Yet with Iran now facing a bombardment, the Kremlin has offered little to Tehran other than verbal condemnation of Israel. That’s because… it’s complicated.
Iran’s downfall – coming after the collapse of Bashar al-Assad’s regime last December – would mean the loss of another major Russian ally in the region. The Kremlin, though, has also long-sought to keep Tehran from going nuclear, and has been reluctant to furnish the Islamic Republic with certain weapons – in part because the Kremlin also maintains good relations with Israel. Putin must tread carefully here, but he is certainly on his back foot.
Risks for Beijing. China has publicly denounced Israel, but a more immediate concern is Iran’s oil supplies. Beijing now sources 16% of its seaborn crude oil imports from the Islamic Republic, and gets it at a discounted price. Smaller Chinese refineries have become reliant on Iranian oil, switching to this energy source in 2022 to protect their margins. If those supplies are cut – either by Israel or by Iran shutting the critical Strait of Hormuz in order to pressure the world into stopping Israel – it would be another hit to China’s already-vulnerable economy.
“China is quietly nervous, but doesn’t want to interfere,” says Eurasia Group’s Director of Analysis Marc Gustafson. “China gets a lot of oil from Iran and is worried Israel will strike the oil facilities. It also knows that Iran is a pariah state for most of the West, so it won’t be very vocal in defending the country.”
Europe backs Israel, but with some caveats On the surface, Europe is wholeheartedly backing Israel. The G7 – which includes four of the strongest and largest European countries – issued a joint statement at their summit this week that condemned Iran.
Still there are some differences of opinion. While Germany has praised Israel for doing the West’s “dirty work” and the UK signaled possible military support for the Israeli Defense Forces, French President Emmanuel Macron warned that regime change in Iran would cause “chaos.” His position has angered Trump.
Conflicted views in the Arab world. In public, countries in the Gulf and the Levant are criticizing Israel’s attacks on Iran. Privately, there may be more satisfaction than they let on. For nearly half a century, many Sunni Arabs have viewed Revolutionary Iran as a meddlesome and disruptive foreign power, fomenting proxy conflicts in Lebanon, Iraq, Yemen and beyond.
Then there’s Syria, where the current government overthrew al-Assad’s brutal, Iran-allied dictatorship just six months ago. It’s no surprise that Damascus’s new leaders, resentful of Iran but also delicately smoothing ties with a belligerent Israel, have gone radio silent.
The one notable exception is Qatar. The oil-rich peninsula maintains cordial relations with Iran, and even shares a gas field with them – Israel bombed it on Saturday.
But if there is any schadenfreude among Arab nations, there is also wariness of the conflict exploding into a wider regional war that draws them in. As the Persian proverb goes: “Those who laugh on Friday will cry on Sunday.”Chinese Foreign Minister Wang Yi and Kiribati's President and Foreign Minister Taneti Maamau meet after the Third China-Pacific Island Countries Foreign Ministers' Meeting in Xiamen, China, on May 28, 2025.
Beijing’s Island Breeze: China makes a play for power in the Pacific
Last week, something highly unusual was spotted off the coast of Japan. In an unprecedented show of naval power, two Chinese aircraft carriers were seen cruising together near the country’s easternmost islands of Minamitori and Okinotori—far out into the Pacific Ocean.
The carrier groups conducted drills alongside one another for the first time in Pacific waters, accompanied by jets, helicopters, and supporting warships.
The operations underscore Beijing’s growing bid for influence in the Pacific, and experts say they are part of a broader strategy that extends far beyond China’s immediate neighbors.
Less than two weeks ago, China’s foreign minister Wang Yi hosted senior diplomats from 11 Pacific Island nations in the southern city of Xiamen, where he pledged $2 million to support infrastructure building and climate adaptation efforts in the region.
The Pacific Islands are a valuable prize on the geopolitical chessboard – around a dozen nations comprising thousands of islands and atolls stretching more than 7,000 miles east of Australia.
“All of the Pacific Island region weighs into China's kind of broader strategy,” says Kathryn Paik, former director of Southeast Asia and the Pacific on the US National Security Council, who is now at the Center for Strategic and International Studies.
China has stepped up its engagement in the region in recent months—a trend underscored by its navy ships making an unprecedented voyage around Australia and carrying out live-fire exercises off the coast of Sydney earlier this year.
What’s motivating China’s drive into the Pacific? Closer ties with Pacific Island nations could boost China’s influence in international bodies like the UN, and they could also give Beijing preferential access to vast territorial waters containing mineral wealth and fish stocks.
But beyond those diplomatic and economic gains, there is a bigger goal as well, says Rory Medcalf, Head of the National Security College at Australia National University. Dominating the Pacific with naval power could increase China’s ability to “knock the United States out of a future war in the region.”
Once a key battleground in World War Two, the Pacific Islands now lie at the center of Beijing’s broader Indo-Pacific security strategy. From the Solomon Islands to Kiribati, China has made repeated attempts to leverage its development projects to gain access to strategic ports and airfields—with the PLA’s newest destroyer docking in Vanuatu’s Port Vila late last year.
“Any Chinese presence there would significantly complicate the US and Australian calculus when it comes to any contingency in either the South China Sea or Taiwan,” says Paik. “If they were to actually be able to build out a port in Solomon Island, similar to what they did in Cambodia, that would be just like a game changer for the US, Australia and others.”
What do the Pacific Islands want? Pacific Island countries face a multitude of development challenges stemming from geographic isolation and the impacts of climate change, to a growing flight of skilled workers. With a quarter of Pacific Islanders struggling below the poverty line—regional leaders will be turning to any and all partners capable of providing meaningful support.
“They want development assistance. They want economic growth. They want to protect their natural resources,” says Medcalf. “A lot of the development assistance China has provided has been effectively building grand infrastructure to satisfy the political needs of the government.”
China has ramped up its development assistance in recent decades, positioning itself as one of the largest aid providers in the region. Between 2008 and 2022, China committed $10.6 billion to various projects in the region, ranging from building transport infrastructure and government buildings, to supporting healthcare and education initiatives.
But China is still the challenger in a historically Western-aligned region. Australia remains by far the Pacific’s leading development partner, committing $20.6 billion over the same period. And other Western-aligned countries are active as well.
“It’s a permanent contest, with other players—not only the United States, but Australia, Japan, New Zealand, and, to some extent, the Europeans as well,” says Medcalf.
Together these countries have provided alternatives to Chinese assistance, with the QUAD countries—Australia, India, Japan, and the United States—announcing a range of multilateral initiatives to boost engagement in the region in 2023.
Beyond this,Pacific Island leaders and their constituents are skeptical about China’s growing security involvement and influence in local government. In 2021, the Solomon Islands’ decision to switch diplomatic recognition from Taiwan to China triggered nationwide anti-government protests, with rioters torching businesses in Honiara’s Chinatown.
“One of the biggest challenges for China is that the region certainly does prefer and is more just aligned culturally and historically with traditional western partners,” Paik says. “There's a lot of unsettlement about where the money's going, why the decisions are made, of certain types of infrastructure, of the governing of the government.”
Still the advantage the US and its allies currently hold over China relies on them “staying on the ball” in the region—an approach that analysts say the Trump administration has deprioritized. The US’ cuts to USAID programs, tariffs, and withdrawal from the Paris Climate Agreement and World Health Organization have opened the door for China to expand its influence in the region.
Last Wednesday, alarm bells rang in Canberra and London after the Pentagon announced that it was reassessing the AUKUS security pact, a multibillion dollar deal to counter Chinese influence by equipping Australia with a nuclear powered submarine fleet.
But while the geopolitical tides continue to pull the Pacific Island nations in different directions, their people are often focused on more immediate problems.
“We've actually got every chance of holding the line [against China], and most importantly, we've got to do it in a way that's respectful of the priorities of Pacific Island countries, because their priority is their own development,” says Medcalf.
Memorial outside the Minnesota State Capitol in honor of Democratic state assemblywoman Melissa Hortman and her husband Mark, after a gunman killed them, in St. Paul, Minnesota, U.S., June 15, 2025.
What We’re Watching: Minnesota assassin suspect captured, New Zealand weighs its superpower alliances
Suspect captured in killings of Minnesota legislators
Minnesota’s massive manhunt ended Sunday with the arrest of 57-year-old Vance Boelter, accused of killing State Rep. Melissa Hortman and her husband, and injuring State Sen. John Hoffman and his wife. Disguised with a rubber mask and fake badge, Boelter posed as a police officer to enter the Hoffmans’ home, and a list in his car revealed 70 other targets – ranging from politicians to Planned Parenthood centers. State governor Tim Walz said the killings were “politically motivated” but the specifics of Boelter’s beliefs and motivations remain under investigation.
Pacific Pressure: A Kiwi in Beijing
New Zealand PM Christopher Luxon will meet Chinese President Xi Jinping in Beijing this week, amid a growing debate in Wellington about the China relationship. Last week, several former PMs penned an open letter last week warning against aligning too closely with the US.Luxon says the visit will focus on the $38 billion of trade NZ did with China last year. But amid a deepening US-China divide, the geopolitical footwork for New Zealand is tricky: how to maintain economic ties with Beijing alongside security cooperation with the West, including potential membership in the US-led “AUKUS" defence pact.
Graphic Truth: G7 vs BRICS, who has more economic clout?
The G7 countries – the US, UK, Canada, Germany, France, Italy and Japan – will convene this weekend in Kananaskis, a rural town in the mountains of Alberta, Canada. High on the meeting’s agenda are tariffs, artificial intelligence, and international security, with special focus on Russian sanctions and Israel’s recent attacks on Iran.
While the G7 was originally formed as an informal grouping of the world’s wealthiest democracies, the BRICS – composed of Brazil, Russia, India, China, South Africa – have sought to challenge their dominance of the global agenda.
Here’s a look at how the share of the global economy held by G7 and BRICS nations has evolved over time.
A gas station in Düsseldorf, Germany, on June 10, 2025.
HARD NUMBERS: Oil prices spike, China stops drinking, BTS eyes reunion, and more…
12%: Oil prices spiked 12% in early trading on Friday following Israel’s attacks on Iran, reflecting fears that a wider Middle East conflict could restrict access to crude exports. Later in the morning prices softened slightly, but were still up nearly 9%, to more than $75 per barrel.
4: Although school shootings are rare in Europe, four of the worst incidents this centuryhave occurred since 2023, raising concern about whether the phenomenon – until now largely a US problem – is spreading more rapidly.
3: Is the wait over? Millions of BTS fans hope so. The K-Pop supergroup has not performed together in three years due to its members’ mandatory South Korean military service. But now that they have been discharged (honorably!), rumors are flying that the group could take the stage again at a festival outside Seoul this weekend.
1.5%: Argentina’s monthly inflation fell to just 1.5% in May. That’s the lowest level in five years – and a stark fall from early 2024, when it exceeded 25%. President Javier Milei’s radical cost-cutting policies have helped put a lid on rising prices.
50%: China’s production of baijiu liquor, the country’s go-to tipple, has dropped more than 50% since 2016. Demand for alcohol overall in China is plummeting as a result of changing tastes, a slowing economy, and a new campaign to stamp out drinking among the Communist Party’s 100 million members.Israeli Prime Minister Benjamin Netanyahu attends a discussion on the subject of hostages kidnapped during the deadly October 7, 2023 attack, in Israel's parliament, the Knesset, in Jerusalem, November 18, 2024.
What We’re Watching: Bibi on the brink, US-China truce, Elon-Trump detente
Will Israel’s government be dissolved?
The warning signs are flashing for Prime Minister Benjamin Netanyahu as the Knesset prepares to vote later today on whether to dissolve his government. The crisis was triggered when a pair of ultra-Orthodox parties in Bibi’s coalition signaled last week they would ditch the coalition over plans to end certain military exemptions. For more on what the collapse of Netanyahu’s government could mean, see here.
US and China reach tariff ceasefire
The United States and China reportedly agreed to a trade truce Wednesday, with US President Donald Trump saying Chinese imports will now face a 55% tariff while Beijing keeps a 10% levy on US products. Importantly, China has restarted its exports of high-tech magnets and rare earth minerals, and the White House reaffirmed Chinese students’ access to US colleges. Still, details of any larger deal covering broader issues of market access and technological competition are far from being ironed out.
Musk v Trump: Is it too late now to say sorry?
Elon Musk appears to be tapping out in his highly-public feud with US President Donald Trump, posting on X (early) this morning that he “regrets” the insults he’s hurled at the president.We’ll be watching to see if the detente holds between these two famously volatile figures. With midterms on the horizon, it matters: Musk’s financial firepower is significant, as we saw here.
For more:Ian Bremmersat down with Semafor Co-Founder and Editor-in-Chief Ben Smith to discuss the Musk-Trump beef and what it tells us about political power in America today.
Can Taiwan defend itself from Chinese invasion?
Can Taiwan defend itself from a Chinese invasion? On GZERO World, Ian Bremmer sits down with Bonny Lin, director of the China Power Project at CSIS, to break down Beijing’s increasingly aggressive military maneuvers around the island and what it means for Taipei’s future. Since Taiwan’s pro-independence president William Lai took office in 2024, China has stepped up both the frequency and scale of its military operations, with daily air and naval incursions into Taiwan’s air defense zone.
It’s an alarming escalation, making the possibility of armed conflict feel closer than ever. China has made clear it’s deadly serious about using military force if it needs to: the People’s Liberation Army recently unveiled two mobile bridges that could be used for an amphibious invasion and is reportedly building a massive underground military facility near Beijing 10x the size of the Pentagon. But despite this pressure, Taiwan’s geographic separation gives it a strategic edge.
“Regardless of how capable you assess the Chinese military,” Lin says, “A Chinese amphibious invasion of Taiwan would be the most complex military operation we’ve seen in history, more complex than the Normandy invasion.”
GZERO World with Ian Bremmer, the award-winning weekly global affairs series, airs nationwide on US public television stations (check local listings).
New digital episodes of GZERO World are released every Monday on YouTube. Don't miss an episode: subscribe to GZERO's YouTube channel and turn on notifications (🔔).GZERO World with Ian Bremmer airs on US public television weekly - check local listings.