In Iran, a shooting war has given way to a fragile ceasefire and a high-stakes standoff in the Strait of Hormuz, with the global economy hanging in the balance. Iran now holds effective control over a critical oil chokepoint, says Eurasia Group energy analyst Gregory Brew, while the US enforces its own blockade to try to squeeze Iran.
After 16 years in power, Hungary’s Viktor Orbán has been decisively voted out, losing in a landslide to challenger Péter Magyar. But this wasn’t a shift to the left. In Quick Take, Ian Bremmer breaks down what Orbán’s defeat means for Hungary, Europe, and global politics.
During this fragilest of ceasefires, one thing has become clear: both Iran and the United States want a way out of this war. (Israel? That's complicated....) Iran cannot be trusted to negotiate in good faith, but neither can the United States. Eurasia Group's Head of Research, Jon Lieber, breaks it down.
Ivan Krastev traces the unlikely arc of Viktor Orbán, from liberal dissident to illiberal nationalist, and explains why he's closer to Putin than Trump.