Iran Is Losing the Gulf J-P. Pizzini August 20, 2026 Commodities The collapse of the US-Iran truce matters. But the more consequential development may be happening somewhere else. The United Arab Emirates has suspended commercial and... Read More
Hormuz Drifts Into the Fog J-P. Pizzini May 5, 2026 Commodities The Strait of Hormuz is no longer merely blocked. It is being redrawn. Hundreds of vessels are now clustering near Dubai, while others move away... Read More