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Our November/December 2025 issue is available online today. It features new essays by Michael Beckley on the end of rising powers, Shannon O’Neil on supply chain insecurity, and Ben Buchanan and Tantum Collins on winning the AI innovation race. The magazine also covers:
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The Return of the Energy Weapon
Jason Bordoff and Meghan O’Sullivan warn of a new dawn of energy weaponization.
The Autumn of the Ayatollahs
Karim Sadjadpour lays out five possible futures for Iran.
China Against China
Jonathan Czin considers the downsides of Beijing’s success.
How Russia Recovered
Dara Massicot explains what the Kremlin is learning from the war in Ukraine.
In The Party’s Interests Come First, Joseph Torigian offers a prodigiously researched look at how Xi Jinping’s passage into adulthood made him who he is today, writes Orville Schell.