Why Markets Are Ignoring the Biggest Oil Shock in Decades
For decades, the closure of the Strait of Hormuz was presented as the ultimate nightmare scenario for the global economy. Analysts spoke endlessly about $200...
Tag: oil
China’s Reflation Was Imported Through the Strait of Hormuz
China has finally escaped deflation. Unfortunately, it did not do so through a heroic revival of domestic demand, a consumer renaissance, or the sudden rediscovery...
Iran, Hormuz and the War That Cannot Find Its Exit
The war in Iran has entered that dangerous phase where everyone claims to want peace, yet each side rejects the only proposals on the table....
The One-Page Peace and the Many-Page Failure
Washington is now offering Iran what it refused yesterday: a staged reopening of the Strait of Hormuz and a gradual lifting of the American blockade....
The Strait of Contradictions
Donald Trump has paused “Project Freedom” almost as soon as he launched it. The operation that was meant to guide trapped neutral ships through the...
Hormuz Drifts Into the Fog
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...
Sanctions Meet Sovereignty: China Calls Washington’s Bluff
There are moments when the theatre of economic power gives way to something far more revealing: a test of credibility. This is one of them....
The War Without a Strategy
The United States is no longer negotiating with Iran. It is improvising against it. Donald Trump says he will review Tehran’s latest peace proposal, while...
The Blockade That Became a Trap
The American strategy in Iran was meant to be simple: apply pressure, choke the regime, force concessions, reopen the Strait of Hormuz, and then declare...