Date: 24/03/2026 Throughout March 2026, Russia has capitalised on a global energy supply shock to generate substantial emergency revenue.  In the first fifteen days of March, the Kremlin extracted  €7.7 billion from fossil fuel exports, averaging €513 million per day, according to the Centre for Research on Energy and Clean Air. This was up from a €472 million daily average in February. The financial surge was made possible due to a confluence of events: the near-complete clo

Date: 21/03/2026 Three weeks into the US-Israeli campaign against Iran, the security environment across the Gulf has continued to deteriorate. The conflict shows no credible signs of resolution. Iran's offensive capacity, while degraded, remains sufficient to sustain daily strikes across the Gulf and even new targets significantly further afield than anticipated.  Energy infrastructure has been systematically targeted and gas fields, oil tankers, and even nuclear sites are no

Date: 05/12/2025 Executive Summary During 2025, reports have been made indicating the presence of uniformed, armed personnel (likely Russian-associated) aboard civilian vessels thought to be part of the vast Russian ‘shadow fleet’ comprising ageing, uninsured oil tankers and cargo vessels registered under flags of convenience and with deliberately confusing ownership structures. These uniformed personnel serve intelligence, surveillance, and command-and-control functions abo

Summary Global supply chains for rare earth elements (REE) are under significant strain due to China’s export controls, geopolitical conflicts and rising demand for green technologies. The US and EU are accelerating efforts to diversify supply, increase domestic production, and boost recycling, but face challenges in meeting ambitious targets. Market volatility and regulatory uncertainty continue to impact manufacturers and downstream industries. Recent developments The Chine

Date: 23/05/2024 Where: European continent Who’s involved Poland, Lithuania, Estonia, Latvia, Germany, UK and other European countries...

Date: 08/12/2023 Where: Cumbria, UK Who’s involved: Sellafield Nuclear Site, The Guardian news organization, unnamed Chinese and Russian...