Courtesy: Telegrafi
On October 22, 2025, U.S. President Donald Trump imposed sanctions on Russia’s oil giants, Rosneft and Lukoil. The move has clear geopolitical motives—to remove a major supplier from an oversupplied oil market. Indian oil companies, key buyers of Russian crude, now face pressure to cut imports, undermining India’s energy diversification and shaking global oil markets, including the U.S. economy.
Courtesy: ANI
The Quad summit is expected to be hosted by India in the second half of 2025, possibly in November. However, the grouping faces turbulence that transcends the current flow of India-U.S. relations. The relevance of Australia and Japan, too, needs to be factored in. Beijing considers the Quad as “the Asian NATO” that aims to contain China. Since the commencement of Trump 2.0, the grouping has been struggling to redefine its role and mandate.
Courtesy: Körber-Stiftung
The world is facing multiple crises which are shaking the foundations of multilateralism. The West’s structures are faltering, and the need for effective and equitable cooperation is greater than ever. Seventy years after the 1955 Bandung Conference, its principles of sovereignty, territorial integrity, cooperation and solidarity remain vital. This report revisits Bandung’s relevance for today’s reform efforts, urging renewed Global South–Europe collaboration for a sustainable global future.
Courtesy: X / @narendramodi
Prime Minister Narendra Modi’s visit to Japan is significant for India domestically and its extended Asian influence. His visit, just prior to the SCO Summit in China, represents a shrewd endeavour at balancing the several priorities of Indian foreign policy
Courtesy: G20.org
The G20’s current cycle is unique, with four Global South nations presiding consecutively: Indonesia, India, Brazil, and now South Africa. Brazil’s 2023-24 presidency exhibited both achievements and struggles, prioritising social inclusion, hunger, energy transition, and governance reform. The handover to South Africa marks a significant milestone in G20 history. Will the momentum be followed by the U.S., the next G20 president but also a G20 sceptic?
Courtesy: Getty Images
The Quad Foreign Ministers’ Meeting in Washington on 1 July, 2025, underscored the importance of diversified and reliable global supply chains, especially for critical minerals. A Gateway House report shows how to strengthen supply chains for rare earths by creating deep financial markets similar to those that exist for bullion and oil.
Courtesy: Gateway House
A slowdown of the Chinese economy, and the shift, particularly by MNCs, from China to other more competitive locations has opened up business opportunities for latecomers to supply chains in the developing world. Evidence suggests that Southeast Asia and some South Asian countries like India, Sri Lanka, Bangladesh, could be beneficiaries of the supply chain shift, particularly in labour-intensive segments.
Courtesy: Gateway House
Geopolitics is increasingly intertwined with the economic destiny of South Asia. Even before the U.S. tariffs were rolled out, growing polycrises had hit the global economy, which has been struggling since the pandemic. South Asia seems a relatively bright spark of regional trade and growth. This paper analyses South Asia’s trade architecture in the backdrop of a sluggish world economy in the 2020s, and makes recommendations for closer regional economic integration.
Courtesy: East Asia Forum
The traditional power structures of ‘unipolarity’ or ‘bipolarity’ prevalent over the past 80 years are no longer appropriate to describe the current global order, with more countries increasingly supporting the evolving multipolar world. With the old ‘rules-based’ order becoming less relevant, emerging powers like India have an opportunity to draft more equitable rules to match their multipolar intentions.
Courtesy: Körber-Stiftung
The world is undergoing profound transformations that are not being driven only by the United States, China or Russia. Small and medium-sized States are carving out a legitimate place for themselves in the emerging new order. This second edition of our annual Emerging Middle Powers Report is a reminder that the signs of the times are showing a new momentum for middle powers.