The latest development in the Strait of Hormuz is more important than another temporary reopening. Iran says it has reached a revenue-sharing agreement with Oman...
Donald Trump is making a different bet on Iran. If military power cannot force Tehran to capitulate, economic exhaustion might. Scott Bessent is expected to...
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...
Scott Bessent has promised something extraordinary. The United States, he says, is preparing measures against Iran that would be unprecedented in the history of the...
After months of military escalation, interrupted ceasefires and contradictory diplomatic signals, Iran and Oman appear to have reached an agreement on a temporary shipping route...
For much of this year, oil markets have oscillated between panic and relief. Every diplomatic headline has produced optimism. Every military escalation has restored anxiety....