🧨 Headline:

New START Is Over. The Nuclear Guardrails Are Gone.

The New START Treaty officially expired on Feb 5, 2026. No extensions. No backup deal. Just silence where safeguards used to live.

For the first time in 50+ years, the United States and Russia are operating without legal limits on deployed strategic nuclear weapons.

That’s not drama that’s a governance vacuum.

What changed, in plain terms:

❌ No caps on warheads or launchers

❌ No on-site inspections

❌ No binding transparency

⚠️ Higher miscalculation risk, lower trust

Yes, voluntary restraint is being talked about. But markets and history don’t price in promises. They price in rules.

As António Guterres put it: a grave moment. Translation: strategic stability just lost its seatbelt.

Old-school arms control mattered because it worked.

Now? The world waits to see who blinks or who rebuilds the framework.

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