Hormuz Is Reopening, but the War Is Not Over
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...
Tag: oil price
The Fed Is No Longer Fighting Yesterday’s Inflation
The Federal Reserve is entering its July meeting with a problem that is far more serious than a single uncomfortable inflation print. The issue is...
From Hormuz to the Red Sea: The Global Supply Chain Comes Under Siege
Wars rarely remain confined to the battlefield where they begin. They evolve, adapt and seek new points of pressure. What started as a confrontation over...
The War Has Found a Second Chokepoint
For months, the Strait of Hormuz has dominated the global energy story. Investors have focused on whether Iran could close the passage, whether the United...
The War Bill Comes Home
Wars are often presented as strategic necessities abroad. Their economic consequences, however, are eventually paid at home. The Trump administration is now asking Congress to...
Beijing’s Quiet Victory and America’s Shrinking Presidency
Donald Trump arrived in Beijing hoping to project strength. He leaves looking constrained, reactive and increasingly trapped by realities he no longer fully controls. Officially,...
America Rediscovers Inflation and the Consumer Starts Breaking
For nearly two years, Washington repeated the same comforting story. Inflation was under control. The Federal Reserve had won. The soft landing was intact. Growth...
Project Freedom, or the Art of Escorting a Crisis One Ship at a Time
Donald Trump now wants to guide ships through the Strait of Hormuz. After weeks of blockade, counter-blockade, threats, oil shocks and diplomatic theatre, Washington has...
The Rupee’s Reprieve, India’s Trap
The rupee has bounced. That is the headline. The problem is that the bounce changes very little. India’s central bank has chosen the regulatory route...