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​The Thailand-flagged cargo ship Mayuree Naree engulfed in black smoke in the Strait of Hormuz, March 11, 2026.
What We're Watching

Iran ups the ante on oil threats, Chile’s new president inaugurated, Russia tries to save Orbán’s re-election bid

Iran has been upping its threats against the world’s oil supply, striking at least one cargo ship yesterday and reportedly laying mines in the Strait of Hormuz, the waterway near Iran through which 20% of global oil supply passes.

Hungarian Prime Minister Viktor Orban holds an international press conference in Budapest, Hungary, January 5, 2026.
What We're Watching

Hungary’s election campaign begins, Peru to have eighth leader in as many years, ECB’s Lagarde mulls early exit

The Hungarian election is off to the races, and nationalist Prime Minister Viktor Orbán is facing his most serious challenger in 16 years.

In Hungary, Orbán's grip on power is slipping
The Debrief

In Hungary, Orbán's grip on power is slipping

Don't let a chummy White House visit fool you. He's on the ropes.

​A woman lights a cigarette placed in a placard depicting Hungary's Prime Minister Viktor Orbán in Budapest, Hungary, on March 25, 2025.
What We're Watching

What We’re Watching: Budapest Pride parade, Rwanda and DRC peace agreement, SCOTUS ruling on Trump’s executive power

Hungary’s capital will proceed with Saturday’s Pride parade celebrating the LGBTQ+ community, despite the rightwing national government’s recent ban on the event.

​Viktor Orbán watching his party leave him behind.
by ian bremmer

Viktor Orbán is in trouble. Europe’s populist right isn’t.

For the past fifteen years, Hungarian Prime Minister Viktor Orbán has coasted from one election victory to another.