Report Details
Initial Publish Date
Last Updated: 29 MAY 2026
Report Focus Location: Global
Authors: GSAT + SZ
Contributors: GSAT + SZ
GSAT Lead: MF
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Global Summary
The US-Iran conflict passed day 90 this week with a proposed 60-day ceasefire extension pending Trump's approval, while fresh US strikes near Bandar Abbas and an intercepted Kuwaiti ballistic missile underscored how quickly the fragile truce can fracture. In Europe, Ukraine's parliament ratified a €90 billion EU loan for defence and budget support as EU foreign ministers gathered in Limassol to contest Russia's attempts to set the terms of any eventual peace. In the Americas, Secretary of Defense Pete Hegseth announced a US-backed "Shield of the Americas" cartel-suppression coalition, prompting a direct rejection from Mexican President Claudia Sheinbaum on grounds of sovereignty. In Sub-Saharan Africa, Human Rights Watch documented at least 300 Colombian private military contractors operating through UAE bases alongside Sudan's RSF, while UN agencies simultaneously issued a famine warning for Somalia's Burhakaba district. The Quad's foreign ministers convened in New Delhi on May 26 to relaunch the grouping with new maritime surveillance, critical minerals, and port infrastructure initiatives, as the 23rd Shangri-La Dialogue opened in Singapore.
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