Trump pushes Arab nations to join Abraham Accords; China builds alternative financial networks

This episode of Statecraft covers major geopolitical shifts, starting with US President Donald Trump's proposed peace agreement with Iran. The draft understanding, which requires Arab states to join the Abraham Accords, challenges Israeli Prime Minister Benjamin Netanyahu's long-standing strategy to isolate Tehran. In India, New Delhi prepares to host the Quad foreign ministers meeting to discuss Indo-Pacific maritime security. During the visit, US officials clarified that recent visa and immigration policy changes are global and not specific to India. Meanwhile, China and Pakistan are actively reducing their dependence on the US dollar, with nearly a quarter of their bilateral trade now settled in yuan and Islamabad issuing its first panda bonds. In Eastern Europe, the Russia-Ukraine conflict escalates as Moscow launches hypersonic missiles at Kyiv in retaliation for a deadly Ukrainian drone strike on a student dormitory in Luhansk.