As the situation deteriorates at the frontline, there is always the danger of a serious eruption in hostilities and escalation. But it is more likely that each side is trying to provoke the other into committing further ceasefire violations.
The blockage of the Suez Canal has underscored once more the urgency of diversifying global maritime trade routes. While the Arctic’s Northern Sea Route is often held up as an alternative, it is more likely that the two routes will end up coexisting without undercutting each other.
The UK has two options for modernising its armour: developing a Challenger 3 or procuring Leopard 2. The latter is an assured capability that will likely prove cheaper over the life of the programme. The former is risky but offers the UK an opportunity to develop valuable intellectual property.