The New START treaty, which limited the number of strategic nuclear warheads and delivery systems held by the US and Russia, officially expired on February 5, 2026. This marks the first time in over 50 years that no formal restraints exist on US and Russian nuclear forces. $FIGHT

The treaty, signed in 2010 by Barack Obama and Dmitry Medvedev, capped the number of deployed strategic nuclear warheads at 1,550 and imposed limits on delivery systems. Its expiration removes restrictions on the world's two largest nuclear powers, sparking fears of an unchecked nuclear arms race.

Russia has stated it will act "carefully and responsibly" on nuclear issues, while the US has not committed to extending the treaty. China has expressed regret over the expiration and urged the US to resume nuclear dialogue with Russia. $COLLECT

The expiration of New START has raised concerns about global stability and the potential for a three-way arms race involving China. Experts warn that without a new agreement, the risk of nuclear proliferation and miscalculation increases.$XNY