Key TakeawaysUS Defense Strategy Shifts: The Pentagon's 2026 National Defense Strategy prioritizes homeland defense and deterring China, signaling more limited support for traditional allies in Europe and elsewhere.Belgium Imposes Arms Embargo: Belgium has banned the export and transit of military equipment to Israel, with a court ruling imposing fines for violations, citing concerns over the humanitarian situation in Gaza and the West Bank.MOL to Acquire NIS Stake: Hungary's MOL Group (MOL) has agreed to a ...