Global Scans · Conflict · Weekly Summary

WHAT'S NEXT?: Rising tensions around are bringing new and regional geopolitical threats and the possibility of eventual global war. Keep abreast of the unfolding drama and know where the risks and opportunities are in the world.

• [New] El Nino would compound disruption caused by the Iran war by adding food supply chain woes to already higher prices, and shortages of fertiliser and energy supplies. The Guardian
• [New] Observers will be closely monitoring Iran's next moves, particularly any military responses targeting Gulf states, which could further escalate the current conflict. Crypto Briefing
• [New] Russia could be developing a new satellite designed to carry nuclear weapons into space. MIT News | Massachusetts Institute of Technology
• [New] The likelihood of an attack related to the Iran war has increased, the National Coordinator for Security and Counterterrorism said in its latest semi-annual threat assessment. Counter Extremism Project
• [New] Fears the Iran conflict would trigger a surge in power prices have been unfounded. Tech Xplore
• [New] Renewed conflict in the Middle East could prolong commodity price volatility, further disrupt supply chains, raise prices and tighten global financial conditions. Peoples Gazette Nigeria
• [New] The harmful consequences the Iran war show few signs of abating anytime soon, which will keep energy prices elevated for the foreseeable future and could spill over into other goods. Equitable Growth
• [New] Cost inflation is expected to rise more sharply in 2 Q2026, driven by the conflict in the Middle East, by 2.7% on the previous quarter. BCIS
• [New] The Iran war could impact China's decision to use force in the next several years. East Asia Forum
• [New] In the long run, the PLA purges will likely have more impact on Beijing's calculus than the Iran war. East Asia Forum
• [New] The most acute phase of the Middle Eastern conflict has now passed and expect oil flows to continue normalising, albeit with periodic flare-ups, at least through the US mid-term elections. T. Rowe Price
• [New] The ongoing Iran War has derailed the global fertilizer and energy trade and could drive an estimated 45 million people into acute food insecurity. The Council on Strategic Risks - Anticipating, Analyzin
• [New] The 2026 forecast for IBM is a high-stakes tug-of-war between its emergence as a Quantum-First powerhouse and the structural disruption of its legacy consulting moats. Bingx Exchange
• [New] The easing of the Iran conflict through the recent signing of Memorandum of Understanding between the US and Iran has reduced, but not eliminated, one of the most significant key risks facing the global economy. KPMG
• [New] The global issues the world is facing will persist, as leaders continue to deal with the fallout of both the war in Ukraine and the conflict in the Middle East. City AM

Last updated: 14 July 2026