Forecasts & scenarios

Warconomy forecasts

Warconomy's active forecasts across conflict, sanctions, shipping, energy, humanitarian and macroeconomic domains — each with a stated horizon, resolution criteria, sources, uncertainty, and the conditions that would prove it wrong.

What these are, and what they are notThese are model-based predictions that can be wrong. They are decision-support, not investment, legal, or policy advice. Every forecast states the exact source that will decide it, and once issued it is never edited — a changed view becomes a new record and the original stays published so it can be scored. Warconomy has no track record yet: the first portfolio was issued 18 July 2026 and nothing has resolved. See the track record.

Warconomy publishes 7 active forecasts across 6 domains: conflict, sanctions, shipping and chokepoints, energy, humanitarian displacement, and macroeconomic consequences. Each names a measurable target, a resolution source, a horizon, its assumptions, the leading indicators worth watching, and the specific conditions that would prove it wrong. Probabilities are published only as coarse bands with stated numeric meanings, never as decimal percentages, because the reference class of comparable past events is too small to justify that precision. Forecasts that rest on weak or fast-moving sources say so explicitly and carry provisional evidence status.

  • Every forecast names the published source that will decide it — no forecast resolves on Warconomy's own say-so.
  • Issued forecasts are immutable; revisions create new records and the originals stay public.
  • Weak sources are used where they improve coverage, always labeled and never as the resolution source.
  • Warconomy does not forecast casualty counts — see the forecasting policy for the hard limits.

What each label means

Warconomy separates what kind of value something is from how well-established it is. Forecast cards below carry both.

ObservedReconstructedNowcastForecastScenario
Verifiedstrong primary/institutional evidenceCorroboratedmultiple independent sources agreeReporteda named source reports it; confirmation limitedProvisionalrecent, incomplete, may changeDisputedcredible sources materially disagreeUnverifiedmay help, but not an established factUnknownno responsible estimate located

Full definitions: observed vs. modeled values.

Active forecasts

Conflict & escalation

ForeReportedConflict & escalation

OHCHR reports at least one month in H2 2026 above the H1 2026 monthly average

Warconomy forecast: very likely (roughly 80-95%)

At least one month between July and December 2026 records verified civilian casualties above the January-June 2026 monthly average of roughly 1,562

Issued
Horizon
212 days
Resolves by

Watch: OHCHR's monthly Protection of Civilians releases

Would be wrong if: A ceasefire or negotiated halt to long-range strikes on urban areas.

Full forecast, sources & methodology →

Sanctions & export controls

ForeReportedSanctions & export controls

EU adopts a 21st Russia sanctions package by 30 September 2026

Warconomy forecast: likely (roughly 60-80%)

The Council of the EU formally adopts a package publicly designated as the 21st package of restrictive measures against Russia, on or before 30 September 2026

Issued
Horizon
74 days
Resolves by

Watch: COREPER agenda items referencing the 21st package

Would be wrong if: The Commission formally withdraws or renumbers the 9 June 2026 proposal.

⚠ Uses a weak or provisional source — see the forecast page for the disclosure.

Full forecast, sources & methodology →

Shipping & chokepoints

ForeReportedShipping & chokepoints

Suez transit volumes remain far below the pre-2024 baseline through 2026

Warconomy forecast: very likely (roughly 80-95%)

Suez Canal monthly transits for December 2026 remain at least 25% below the comparable pre-disruption 2023 monthly baseline

Issued
Horizon
197 days
Resolves by

Watch: Monthly Suez Canal Authority transit counts

Would be wrong if: A comprehensive, durable security settlement in the Red Sea prompting all major carriers to restore default Suez routing.

⚠ Uses a weak or provisional source — see the forecast page for the disclosure.

Full forecast, sources & methodology →
ForeProvisionalShipping & chokepoints

Strait of Hormuz daily transits stay below pre-crisis levels through October 2026

Warconomy forecast: likely (roughly 60-80%)

Average daily Hormuz ship transits during October 2026 remain below 100 per day (the reported pre-crisis level)

Issued
Horizon
135 days
Resolves by

Watch: Whether the 60-day negotiating window from the June memorandum produces a permanent agreement

Would be wrong if: A permanent U.S.-Iran settlement with verified free transit and a rapid traffic normalization.

⚠ Uses a weak or provisional source — see the forecast page for the disclosure.

Full forecast, sources & methodology →

Energy & commodities

ForeProvisionalEnergy & commodities

EIA revises its 4Q2026 Brent forecast upward in the August 2026 STEO

Warconomy forecast: likely (roughly 60-80%)

The August 2026 STEO's 4Q2026 Brent forecast is higher than the July 2026 STEO's figure of $70.00/b

Issued
Horizon
44 days
Resolves by

Watch: Whether Hormuz vessel-strike reporting is corroborated by state or IMO-affiliated bodies rather than remaining single-sourced

Would be wrong if: The reported July 2026 Hormuz re-escalation proves to be substantially inaccurate or is quickly and durably resolved.

⚠ Uses a weak or provisional source — see the forecast page for the disclosure.

Full forecast, sources & methodology →

Humanitarian & displacement

ForeReportedHumanitarian & displacement

Sudan IDP count stays above 8 million in IOM DTM's next published round

Warconomy forecast: very likely (roughly 80-95%)

IOM DTM's next published Sudan displacement round reports a national IDP total above 8,000,000

Issued
Horizon
256 days
Resolves by

Watch: New displacement reporting from Al Fasher, North Darfur, the Kordofan region, and Blue Nile state

Would be wrong if: A comprehensive ceasefire prompting mass returns at a pace far exceeding the observed trend.

Full forecast, sources & methodology →

Macroeconomic & fiscal

ForeReportedMacroeconomic & fiscal

The next Ukraine RDNA raises the ten-year reconstruction estimate above $588 billion

Warconomy forecast: very likely (roughly 80-95%)

The next published RDNA edition estimates total ten-year needs above $588 billion

Issued
Horizon
531 days
Resolves by

Watch: Continued strikes on energy, transport and housing — the three largest RDNA5 needs sectors

Would be wrong if: A durable ceasefire early enough that new damage is minimal and cost inflation is offset.

Full forecast, sources & methodology →

All active forecasts (accessible table)

Every active Warconomy forecast, its prediction, when it was issued, and when it becomes measurable.
ForecastPredictionIssuedResolves byEvidence
EU adopts a 21st Russia sanctions package by 30 September 2026likely (roughly 60-80%)July 18, 2026September 30, 2026reported
Suez transit volumes remain far below the pre-2024 baseline through 2026very likely (roughly 80-95%)July 18, 2026January 31, 2027reported
EIA revises its 4Q2026 Brent forecast upward in the August 2026 STEOlikely (roughly 60-80%)July 18, 2026August 31, 2026provisional
Sudan IDP count stays above 8 million in IOM DTM's next published roundvery likely (roughly 80-95%)July 18, 2026March 31, 2027reported
OHCHR reports at least one month in H2 2026 above the H1 2026 monthly averagevery likely (roughly 80-95%)July 18, 2026February 15, 2027reported
The next Ukraine RDNA raises the ten-year reconstruction estimate above $588 billionvery likely (roughly 80-95%)July 18, 2026December 31, 2027reported
Strait of Hormuz daily transits stay below pre-crisis levels through October 2026likely (roughly 60-80%)July 18, 2026November 30, 2026provisional

Nearing resolution

No forecast is within its final review window yet. The earliest resolution date in the current portfolio is 31 August 2026 (the EIA August STEO revision).

Recently revised

No forecast in this portfolio has been revised yet — all 7 are still in their originally issued form. When Warconomy revises a view, the original record stays published and is linked from its replacement, so you can always see what was said before.

Resolved forecasts

No live forecast has resolved yet. The 2 resolved records below are hindcast demonstrations — historical forecasts reconstructed under strict data cutoffs to show how scoring works. They are not evidence of predictive skill and are excluded from live performance counts.

Full scoring detail: the track record.

Scenarios

Scenarios are not forecasts. They are conditional paths under stated assumptions, carry no probability, and are never presented as the expected outcome.

These are alternative conditional paths, not a ranked prediction — none is presented as the most likely outcome.

Continued conflict / constrained accessScen
8,500,000–9,200,000
  • Security and humanitarian access conditions do not materially improve through end-2026.
  • The pace of return roughly stalls relative to the 2025-2026 trend.

This is one of two illustrative conditional paths shown side by side (see the de-escalation scenario) — neither is presented as Warconomy's expected outcome; the Forecast record above is Warconomy's actual baseline projection.

Meaningful de-escalationScen
5,500,000–7,000,000
  • A ceasefire or significant security improvement occurs within the horizon.
  • Returns accelerate materially beyond the 2025-2026 trend as access improves.

This is one of two illustrative conditional paths shown side by side (see the continued-conflict scenario) — neither is presented as Warconomy's expected outcome; the Forecast record above is Warconomy's actual baseline projection.

What the probabilities mean

Warconomy publishes probability only in five coarse bands. A figure like “63.27%” would imply a calibration sample that does not exist for most conflict-economic events.

Warconomy probability bands and their numeric meanings.
BandNumeric meaning
very unlikelyroughly 5-20%
unlikelyroughly 20-40%
roughly evenroughly 40-60%
likelyroughly 60-80%
very likelyroughly 80-95%

Range forecasts use a plausible range unless explicitly labeled a statistical confidence or credible interval — the distinction is always stated.

Methods, sources and policy

Machine-readable

/forecasts/data.json (all records) · /forecasts/active.json · /forecasts/resolved.json · /methods/models/data.json (model registry)

Each record carries its issue date, data cutoff, resolution criteria, evidence status, model version, source IDs, and lifecycle status. No keys, no rate limits.

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