The Malacca Dilemma in 2026: Lessons from the Strait of Hormuz
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The Malacca Dilemma in 2026: Lessons from the Strait of Hormuz

The Malacca Dilemma in 2026: Lessons from the Strait of Hormuz

For the Indo-Pacific, the Hormuz crisis has renewed attention on China's long-standing "Malacca Dilemma": Beijing's dependence on the Strait of Malacca as the primary maritime route for energy imports and global trade. While China has invested heavily in alternative energy routes, strategic reserves and naval capabilities, the country remains exposed to disruption of a maritime corridor through which a significant proportion of its energy supply and commercial trade flows.

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2026 Q3 Risk Map
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2026 Q3 Risk Map

We're delighted to publish our 2026 Q3 SPS Risk Map which assesses the levels of risk faced by organisations and individuals due to terrorism, political violence, localised conflicts, war, political threats, criminal activities, kidnapping, ransom, detention, and extortion.

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The Red Sea: Iran's Next Deterrence Strategy
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The Red Sea: Iran's Next Deterrence Strategy

The Red Sea: Iran's Next Deterrence Strategy

The Islamabad memorandum of understanding (MoU) signed on 17 June 2026 ended the initial phase of the Middle East conflict but left control of the Strait of Hormuz deliberately unresolved: it committed Iran only to "best efforts" for safe passage, with a 60-day suspension of transit fees which implicitly provided an opportunity for Iran to reintroduce charges once the window closed.

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U.S.-Iran Tensions and the Risk of Regional Escalation
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U.S.-Iran Tensions and the Risk of Regional Escalation

U.S.-Iran Tensions and the Risk of Regional Escalation

Tensions between the United States and Iran show a convergence of military posturing, political brinkmanship, and unresolved regional disputes, increasing the risk of miscalculation and wider conflict.

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Syrian Democratic Forces Conflict
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Syrian Democratic Forces Conflict

Syrian Democratic Forces Conflict

SPS assesses Syria to be a highly fragmented country. The transitional government, composed of former jihadist extremists, has attempted to assert control while minority groups have resisted. The conflict between the transitional government and Kurdish Syrian Democratic Forces (SDF) is likely to become the largest sectarian conflict in Syria since the fall of Assad.

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Venezuela Outlook Report
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Venezuela Outlook Report

Venezuela Outlook Report

The U.S. operation to detain Nicolás Maduro removed the head of state while preserving Venezuela’s governing and security architecture and ensuring U.S. decisive leverage  over the country’s political and economic direction.

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Organized Crime in France
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Organized Crime in France

Organized crime in France:

Organized crime in France presents an increasing security challenge. Marseille is the focal point of concern due to high profile drug-driven violence, firearms proliferation, and significant youth recruitment.

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Southern Transitional Council Expansion in Yemen 
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Southern Transitional Council Expansion in Yemen 

Southern Transitional Council Expansion in Yemen:

The Southern Transitional Council’s (STC) territorial gains in December 2025 caused significant shifts in Yemen’s internal balance of power, fracturing the previously unified anti-Houthi coalition and accelerating potential partition.

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Crime: Organized Crime Risks in Cambodia 
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Crime: Organized Crime Risks in Cambodia 

Crime: Organized Crime Risks in Cambodia

Cambodia has become a major hotspot for organized crime in Southeast Asia, where weak oversight and rapid economic expansion have enabled cyber-fraud networks, trafficking operations, and criminal groups linked to the casino sector to operate with growing sophistication.

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Marburg Virus Outbreak: Ethiopia
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Marburg Virus Outbreak: Ethiopia

Marburg Virus Outbreak: Ethiopia

Ethiopia is facing its first confirmed outbreak of Marburg virus, with at least eight laboratory-confirmed cases and five deaths in the South Ethiopia Region.

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Gen Z Protests 
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Gen Z Protests 

Gen Z has increasingly emerged as a key actor in global protest movements, utilizing digital platforms to demand systemic reforms in areas such as climate change, labor rights, and political accountability. Gen Z-led protests have occurred in various regions, including South Asia, Southeast Asia, Africa, North Africa, and South America, reflecting a heightened political awareness, tech fluency, and transnational connectivity among the youth. Governments’ responses have varied from concessions to crackdowns, with broader implications for regional stability and governance.

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Syria Special Report - Security and Sectarian Violence 
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Syria Special Report - Security and Sectarian Violence 

This report analyses the Luzon Economic Corridor, a trilateral economic initiative between the United States, the Philippines, and Japan. Exploring China’s regional influence, investment opportunities, security concerns, and economic forecasts, highlighting how the LEC strengthens Western economic and strategic interests.

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The Luzon Economic Corridor
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The Luzon Economic Corridor

This report analyses the Luzon Economic Corridor, a trilateral economic initiative between the United States, the Philippines, and Japan. Exploring China’s regional influence, investment opportunities, security concerns, and economic forecasts, highlighting how the LEC strengthens Western economic and strategic interests.

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2025 Risk Map
Sarah Byrne Sarah Byrne

2025 Risk Map

We're delighted to publish our 2025 SPS Risk Map which assesses the levels of risk faced by organisations and individuals due to terrorism, political violence, localised conflicts, war, political threats, criminal activities, kidnapping, ransom, detention, and extortion.

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