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Military & Security

An early assessment by the U.S. Defense Intelligence Agency suggested that most of Iran's nuclear capabilities remained intact after the June 22 U.S. strike on three Iranian facilities and that the strike likely only set back Iran's program by months, CNN reported on June 24, citing four sources familiar with the assessment.

Iran: U.S. Intelligence Assessment Says Strike on Iran's Nuclear Facilities Had Modest Impact

U.S.-Iran Relations

Politics

The U.S. military struck Iranian nuclear facilities at Esfahan, Fordow and Natanz on June 22, Reuters reported.

Iran: U.S. Strikes Three Iranian Nuclear Sites, Including Heavily Fortified Fordow

Ukraine

Russia

Russia-Ukraine Conflict

U.S. President Donald Trump announced that he held a call that lasted over an hour with Russian President Vladimir Putin in which the two discussed the war in Ukraine and Iran's nuclear program, according to a June 4 post on Truth Social.

Russia, U.S.: Trump Announces Call With Putin in Which Two Discuss Ukraine, Iran

Economics

Iran will effectively reject the May 31 U.S. nuclear deal proposal, Reuters reported on June 2, citing a senior Iranian diplomat.

Iran, U.S.: Iran To Reject Latest U.S. Nuclear Deal Proposal

Energy

U.S. and Iranian officials made positive remarks following their second round of indirect nuclear talks, and technical talks will occur on April 23, followed by high-level talks on April 26, Reuters reported on April 19. 

Iran, U.S.: Nuclear Talks Appear Positive Despite Mixed Messaging on Enrichment

Iranian Foreign Minister Abbas Araghchi and U.S. special envoy Steve Witkoff spoke for around 45 minutes following indirect talks between Iran and the United States in Oman on April 12, Axios reported on April 13.

Iran, U.S.: Initial Round of Nuclear Talks Ends in Direct, High-Level Discussion

During U.S.-Iran nuclear talks on April 12 in Oman, Iran may propose an interim nuclear deal with the United States in an effort to extend talks beyond U.S. President Donald Trump's 60-day deadline, Axios reported on April 10.

Iran, U.S.: Iran May Propose Interim Nuclear Deal as Khamenei Authorizes Potential Direct Talks With U.S.

U.S. President Donald Trump announced on April 7 that the United States and Iran would hold "direct" talks on April 12.

U.S., Iran: Governments to Hold Nuclear Talks in Oman

Assessments

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A photo taken in Tehran, Iran, on June 26, 2025, shows an Iranian political banner hanging near the remains of a residential building struck by an Israeli attack. 

Global Trade

Israel-Hamas Conflict

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: Fragile Iran-Israel Ceasefire Holds, U.S. Tariff Deadline Approaches

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Forecast Webcast

Join our analysts for this webcast recording exploring key topics identified in RANE's 2025 Third-Quarter Forecast.

2025 Third-Quarter Forecast Webcast

U.S.-China Relations

Snapshots

Iranian missiles aimed at targets in Israel pass through the sky over the West Bank on June 17, 2025. 

Even if the ceasefire holds in the coming weeks and months, outstanding U.S. and Israeli concerns with Iran's ballistic missile and nuclear programs could reignite hostilities.

The Iran-Israel Ceasefire Will Remain Fragile Amid Unresolved Disputes

Podcasts

Cyber

Environment, Science & Technology

What cyber limitations and capabilities do Iran and Israel have?

Essential Geopolitics: Increased Risk of Cyberattacks as Conflict With Iran Escalates

Qatar

A photo taken on June 23, 2025, shows the remnants of an Iranian missile intercepted over Qatar. 

Absent further retaliation, Iran's June 23 attack offers a path to de-escalation, but there is still a chance, albeit slim, that additional U.S. strikes trigger a wider conflict.

With a Telegraphed Attack on a U.S. Base in Qatar, Iran Offers an Off-Ramp To Ease Tensions

A Northrop B-2 Spirit on July 4, 2020, near the White House in Washington. 

Even if carefully calibrated, Iranian retaliation of any form will risk inviting more U.S. strikes and greater escalation that could result in Iran following through on more of its significant threats against the regional oil and gas sector and/or the United States.

Iran's Retaliation Against the U.S. Will Likely Be Limited, but Will Still Risk Escalation

Columns

On Geopolitics

Iranian Supreme Leader Ali Khamenei addresses the nation in a state television broadcast on June 18, 2025, in Tehran, Iran. 

While Israel's airstrikes appear aimed at destabilizing the country, they are alone unlikely to collapse the Islamic Republic, as Iranian leaders would probably make significant concessions to ensure the regime's survival rather than let it fall.

Assessing the Potential for Regime Change in Iran

Israeli air defense systems intercept Iranian missiles over Tel Aviv amid a fresh barrage of Iranian rockets on June 16, 2025. Israeli air defense systems intercept Iranian missiles over Tel Aviv amid a fresh barrage of Iranian rockets on June 16, 2025. 

The Israel-Iran conflict is set to evolve into a short war of attrition as Iran pits its degraded missile stocks against Israel's dwindling air defense systems.

Assessing the Trajectory of the Iran-Israel War

Smoke rises from a location allegedly targeted in Israel's wave of strikes June 13, 2025, in Tehran, Iran. Israel and Iran are increasingly likely to expand the scope of their attacks to include targets like each other's political leadership, energy infrastructure and other sensitive targets that would open the door to a wider regional war.

Israel and Iran are increasingly likely to expand the scope of their attacks to include targets like each other's political leadership, energy infrastructure and other sensitive targets that would open the door to a wider regional war.

Israel and Iran's Conflict Intensifies, Raising the Risk of a Regional War

An Israeli Air Force F-16 fighter aircraft on March 24, 2025, over the city of Yokneam Illit in northern Israel.

Israeli launched a "preemptive" strike on Iran in the early hours of June 13, Israeli Defense Minister Israel Katz announced as he declared a special state of emergency inside Israel.

Israel Launches Major Military Strikes on Iran

Iraq

Lebanon

Yemen

An aerial depiction of Iran's Zagros Mountains and the Strait of Hormuz.

Israel is growing increasingly likely to strike Iran's nuclear program as U.S.-Iran talks struggle to progress, potentially setting off a cycle of regional escalation that alters Iran's political landscape.

As U.S.-Iran Nuclear Talks Flounder, Israel Inches Toward Escalation

Saudi Arabia

A woman walks by anti-U.S. murals on the walls of the former U.S. embassy in downtown Tehran, Iran, on April 11, 2025. 

The U.S. will likely have to allow some Iranian uranium enrichment to ink a nuclear deal, likely resulting in Saudi Arabia seeking similar provisions for its own civilian nuclear program.

U.S.-Iran Relations

SITUATION REPORTS

Iran: U.S. Intelligence Assessment Says Strike on Iran's Nuclear Facilities Had Modest Impact

Iran: U.S. Strikes Three Iranian Nuclear Sites, Including Heavily Fortified Fordow

Russia, U.S.: Trump Announces Call With Putin in Which Two Discuss Ukraine, Iran

Iran, U.S.: Iran To Reject Latest U.S. Nuclear Deal Proposal

Iran, U.S.: Nuclear Talks Appear Positive Despite Mixed Messaging on Enrichment

Iran, U.S.: Initial Round of Nuclear Talks Ends in Direct, High-Level Discussion

Iran, U.S.: Iran May Propose Interim Nuclear Deal as Khamenei Authorizes Potential Direct Talks With U.S.

U.S., Iran: Governments to Hold Nuclear Talks in Oman

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