Eurasia Group president on what to expect at NATO summit

Summary

Ian Bremmer, Eurasia Group president, anticipates a calm NATO summit that won't move markets, a stabilizing Iran situation with no desire for renewed war, and continued low-level hostilities in the Strait of Hormuz as a leverage tactic rather than a prelude to escalation.

• NATO summit expected to generate headlines but have little market impact.
• Trump has shown limited ability to disrupt the global order on Russia, Ukraine, or China.
• Iran tensions remain focused on leverage over money and influence, not full war.
• Strait of Hormuz witnessed a Saudi tanker taking hits, but regional actors do not want to restart conflict.
• Bremmer does not see a nuclear breakthrough with Iran anytime soon.
• UK politics mentioned in passing, with Trump reportedly welcoming a leadership change.