The Houthis have not technically seized the entire Red Sea, but that distinction is becoming almost meaningless for Saudi Arabia. Their forces have swept down...
Something rather extraordinary has happened in the Middle East. Saudi Arabia has turned to China for help with Iran and the Houthis. Riyadh appealed to Beijing...
Saudi Arabia just reported something that should scare the hell out of anyone who understands how the Middle East actually functions. According to Bloomberg, Riyadh...
The politicians continue to speak about the Strait of Hormuz as though this were merely a regional dispute between Iran and its neighbors. That is complete...
The political class watches the price of crude oil and gasoline because that is what appears in the headlines, but the real warning is diesel. The average retail...
The United Arab Emirates has suspended all trade, commercial exchanges, and financial transactions with Iran until further notice after accusing Tehran of launching...
The world seems to have learned absolutely nothing from COVID. Governments destroyed supply chains through lockdowns, shortages spread from semiconductors to...
India’s imports of Russian crude oil have surged to a record high, with Moscow now supplying more than half of the country’s crude oil requirements....
The financial press is celebrating reports that traders are betting shipping traffic through the Strait of Hormuz could begin returning to normal by August. Oil...
For years, South Africa’s rolling blackouts became a symbol of national decline. Businesses bought generators. Families planned their lives around power...
