The Crisis Room Iran, Venezuela, Israel & Turkey: the crises ahead in 2026
Jan 29, 2026
A wide-ranging look at looming global flashpoints in 2026, from rising Iran tensions to the unstable futures of Venezuela and Gaza. The panel flags a renewed Israel–Turkey rivalry and examines shifting US credibility and European defence dilemmas. They explore how changing alliances, intelligence ties and domestic politics could shape the crises ahead.
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Talk Outpaces Action On Defence
- Political rhetoric hasn't translated into concrete defence spending or plans.
- Public concern for national security is rising but politicians haven't matched it with action.
US Credibility Erosion Pushes Europe Toward China
- The US has weakened its moral leverage by inconsistent behaviour, making allies seek other partners.
- Europe is pragmatically engaging China despite risks because US reliability has declined.
Iran: Capability Exists, Outcomes Are Uncertain
- The Iran situation combines capability and uncertain intent, making outcomes unpredictable.
- Military options exist, but regime change or sparking a popular uprising is unlikely and risks wider regional escalation.