South Caucasus and regional risks of Middle East escalation

The intensifying confrontation between Iran, Israel and the United States is no longer confined to the Middle East. Its shockwaves are being felt across the South Caucasus, a region that has quietly assumed the role of a strategic buffer between competing power centres. Because for countries such as Azerbaijan, Georgia and Armenia, the risks are no longer theoretical. They are rather structural, immediate and increasingly difficult to hedge.

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