Ceasefire Without Peace
Donald Trump has extended the ceasefire with Iran, but only in the peculiar modern sense of the term, where a truce is prolonged, threats continue,...
Tag: Middle East
Ceasefire in Name, Crisis in Reality
The war has entered that familiar and dangerous phase in which everyone claims to want peace, while acting as if escalation remains the more useful...
Ceasefire on Borrowed Time
The war has not ended. It has merely paused, briefly, uneasily, under the sort of arrangement that looks like diplomacy from a distance and like...
ECB, Waiting in the Smoke
The European Central Bank is edging towards caution rather than conviction. For now, the instinct in Frankfurt is to leave rates unchanged later this month...
Ceasefire, Yes. Control, No.
Washington would like the world to believe that the worst is over. The reality is less comforting. A fragile pause has been announced, diplomats are...
Middle-East: Ceasefire, Peace, or a Joke?
What has been announced is not peace. It is a pause. After six weeks of war, thousands of deaths, a global energy shock and repeated...
Oil Whitout Exit
Saudi Arabia has raised the price of its flagship crude for Asia to a record premium. That single move says more about the state of...
Victory? May be but Without Control
Donald Trump went on television to declare that the war was nearly over. Markets heard something else entirely. Five weeks into a conflict that was...
The Metal Shock That Changes Everything
The oil shock was always going to come. What few expected was how quickly it would spread beyond energy and into the very fabric of...