Informing U.S. engagement with the world

Crude Calculations: Why the Iran War Hasn’t Yet Caused an Oil Shock
By Vijay V. Vaitheeswaran
The National Debt Hit $40 Trillion, But It’s Not an Issue in the Midterms
By James M. Lindsay

The Iran War at Six Months: A Region—and Its Relationship With the U.S.—Transformed
By Steven A. Cook, Farah Pandith, Henri J. Barkey, Elliott Abrams, Bruce Hoffman, Ed Husain and Elisa Ewers

The Real Cost of the U.S.-Canada Trade Breakdown
By Brad W. Setser

Six Months Into the Iran War, the United States Has No Good Options
By James M. Lindsay

Iran War’s Ripple Effect
Out of Ammo: A Two-Year Sprint to Rebuild the American Arsenal and Deter China
The U.S. weapons arsenal has been depleted and no longer has the capacity to deter a Chinese attack against Taiwan. This new CFR report lays out a plan for the United States to reform its defense industrial base by focusing on scaling precise mass systems.
Navigating the AI Moment
Around the World
CFR analyses and explainers that address global issues and challenges.

Why NATO and the Transatlantic Bond Will Outlast Trump
By Charles A. Kupchan
Why Nuclear Energy Is Making a Global Comeback
By Roxy Ekberg

Trump’s South Korea Social Post Poses Risks for the United States
By Sheila A. Smith

What the Treasury’s Buyback Surprise Says About the Bond Market
By Rebecca Patterson

Trump’s South Korea Move Fuels Growing Fears of U.S. Retreat From Asia
By Joshua Kurlantzick

Is the Trump-Tinubu Collaboration Working?
By Ebenezer Obadare

How Spain’s Migration Surge Tested EU Border Policy
By Roxy Ekberg

250 Years of American Foreign Policy

The Broken Economic Order
By Heidi E. Crebo-Rediker
The Age of Economic Warfare
By Edward Fishman

The Protectionist Turn
By Benn Steil

Weaponizing Interdependence
By Brad W. Setser

The Labor Problem
By Rebecca Patterson

The Climate Threat
By Alice C. Hill

Podcasts
View AllThe Spillover
Every geopolitical event — a war, an election, a new tariff, a technological breakthrough — sends ripples through the global economy. On The Spillover, Sebastian Mallaby and Rebecca Patterson trace those ripples, examining how international developments shape markets, policy, finance, and the future of business.
Crisis Response Playbooks
The Wachenheim Center for Peace and Security has developed a set of Crisis Response Playbooks for U.S. policy planners when bandwidth is limited and decisions are consequential.
CFR Events
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CFR publishes reports and papers for the interested public, the academic community, and foreign policy experts.



























































