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Coalition Politics & FragmentationMulti-party fragmentation makes stable majorities depend on regional and left alliances
India-Pakistan Kashmir StandoffLong-running territorial and security confrontation between India and Pakistan centered on Kashmir
Political Fragmentation & the Fifth RepublicTraditional left-right blocs weakened; RN, Greens, and Macronists compete
Strait of Hormuz Maritime RiskRecurring tanker seizures, military signaling, sanctions pressure, and escalation risk in a core global energy chokepoint.