The Caspian region remains one of the few areas where international law still functions and geography itself discourages large-scale war. Precisely for this reason, however, it is surrounded by persistent rumors, “gray-zone scenarios,” and expert speculation, especially amid the potential escalation around Iran, rising transit volumes along the Middle Corridor, and growing Western interest in alternative routes that bypass traditional hubs of instability.
27 Feb 2026-09:24
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