Concentric

Concentric is monitoring the increasing energy and aviation risk across the Arabian Peninsula, after Houthi forces struck a fuel depot at Riyadh's King Khalid International Airport days after completing their takeover of the Bab al-Mandab strait, with Ira

Argentina's September 2026 sanctions campaign against the Sea Lion oil project has converted a sovereignty dispute into a commercial security risk environment across the South Atlantic. The measures are likely to increase military, market, and economic ex

The U.S. has shifted its Latin American counter-cartel campaign from maritime interdiction toward direct land-based military operations, with Colombia, Ecuador, Honduras, and potentially Guatemala emerging as operating environments. Named the Americas Cou

Houthi Forces Seize Perim Island, Completing Takeover of Bab el-Mandeb Strait Perim island, also known as Mayyun, was seized by Houthi fighters on September 11 following the withdrawal of Yemeni Government forces. The Iran-backed group also assumed contro

U.S. Strikes Three Iranian Oil Tankers After IRGC Missile Attack on Carrier U.S. Central Command (CENTCOM) forces struck three Iranian crude carriers on September 5, permanently disabling the Iranian-flagged MT Downy off Kharg Island and MT Stark 1 off Ja

Concentric is monitoring the situation in the Strait of Hormuz following a round of strikes between the United States and Iran, the first since July. We are also tracking updates in Venezuela, as President Donald Trump announced an agreement with Caracas

Concentric is monitoring the continued expansion of Russian drone and missile strikes against populated areas in Ukraine, following a strike on a shopping center in Kryvyi Rih that killed 16 people and wounded more than 130. We are also tracking an Irania

KEY INSIGHTS Cameroon is facing growing pressures on its stability as terrorist violence expands in the Far North, while President Paul Biya's recent prolonged 73-day absence and continuing succession uncertainty raise questions about institutional contin

Russia and North Korea have moved from emergency battlefield support to an institutionalized military partnership now central to Moscow's war effort in Ukraine. North Korean munitions cover 25 to 40 percent of Russia's artillery needs, with a further 30,0