Map of Europe 1914 of the Central Powers vs Entente after British and French relations sour following the Fashoda Incident
I would agree with WolfBear's comments about the Ottomans, Italy and Romania especially. Its highly unlikely that the Ottomans would ally with Russia against Britain [their traditional protectors against the Russians] or Germany which was the only other realistic ally. Italy going to war with Britain leaves its coastline and overseas trade very vulnerable given that the central powers are going to have naval superiority. [Especially if the Anglo-Japanese alliance is in place and the Russians have lost their war with the latter in 1904-05]. Romania wants Transylvania but it also wants Bessarabia and it has a Hohenzollern monarch. Plus if Bulgaria is still alienated from Russia here [and Greece is friendly with Bulgaria rather than Serbia both Serbia and Romania are distinctly exposed.
There are also some questions about the map. Such as Britain's possessions in Aden and the Gulf are missing and the Ottomans didn't have full control of central Arabia let alone Oman. Also Britain wouldn't have full control of Iran in this scenario. Plus with a 1898 POD as proposed then I wonder if France would have control of the bulk of Morocco. If Britain and Germany are friendly and Britain and France are at odds then the
First Moroccan Crisis is likely to end differently as Britain is likely to support Germany rather than France - both on principle and to prevent an hostile power being established so close to Gibraltar and British access to the Med. In fact that could be a trigger for an earlier war ~ 1905-06 which the CPs are likely to win fairly quickly - although this might depend on German plans. Thinking here especially of a) lack of a Haber process and b) the gravely weakened state of Russia after the defeat by Japan. - Also just noticed you seem to have Belgium on the CP side rather than neutral, which seems highly unlikely to me.
If somehow those borders - or something close to them - came into existence and then a war started in 1914 I would expect a CP victory and probably by 1917-18 unless them make some serious mistakes and possibly get a US dow against them - which is unlikely however. Even if Germany has a east 1st strategy - which would save France a lot of economic losses but would keep Belgium neutral France is likely to be isolated by CP naval domination while Germany is freely able to trade with both Britain and the rest of the wider world. Russia has massive forces but their poor quality and have problems going anywhere other than the eastern front. Serbia, with an hostile Bulgaria and Greece is dead meat very shortly and then those powers are a major threat to the Ottomans, especially once Romania is under CP control. I don't think France had any Haber capacity at the time - Germany was only just developing it - so its going to have even greater problems with cordite production.
France could do a Germany and develop a USW policy but Britain is going to have more capacity to deploy
colonies convoys earlier while such a policy is going to anger just about everybody, including of course the US ultimately.