Vol. 10 · No. 4 · Oct–Dec 2026
Contested Oceans
Routes, resources and sovereignty on the world's new maritime map.

Editors' note
This issue examines how routes, resources and sovereignty are redrawing the maritime map — and what that means for the powers that depend on the sea.
Contents
Cover essay
The New Geometry of the Atlantic
A neglected ocean returns to the center of competition over routes, resources and influence.
Economy & routes
Trade in an Age of Fragmentation
Globalization has not ended — it has changed shape. What that means for middle powers.
Money as an Instrument of Power
Sanctions, payment systems and the search for alternatives to the dollar.
Security
Deterrence in the 21st Century: Five Questions
A short guide to the strategic vocabulary back in the debate.
