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Oil futures are signaling that traders expect prices to fall over the coming months, despite the war and the disruption around Hormuz. The bet...
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Oil futures are signaling that traders expect prices to fall over the coming months, despite the war and the disruption around Hormuz. The bet...
American forces struck Iran for an eleventh straight night as the Houthis pressed their blockade threat against Saudi shipping. Only three commodity vessels crossed...
The Houthis have declared a maritime embargo on Saudi shipping through the Red Sea, and the threat alone is working: four tankers changed course...
A New York Times analysis warns the US-Iran war sits on a 'knife's edge,' with experts urging a diplomatic off-ramp before it spirals beyond...
Iraq's new prime minister spent a week in Washington; Syria's president met Trump at the NATO summit. Frantzman reads the pattern: one envoy for...
Tehran treats the Strait of Hormuz as non-negotiable, Holmes writes, and no air campaign eliminates every missile. That leaves four courses: walk away and...
The Memorandum of Understanding that paused the fighting has collapsed, Farley writes, because it never settled the status of the Strait of Hormuz or...
Carafano argues Iran has lost its nuclear option, its missile mass, its proxy network, and its grip on the Strait of Hormuz all at...
Ukrainian drones set two major Russian refineries ablaze overnight — including Salavat in Bashkortostan, the last gas refinery untouched in 2026 — while Russia...
The United States can hit almost anything Iran places near the Strait of Hormuz. It cannot hit the strait itself. That distinction is the...