The Middle East’s Great Reordering: War, Energy and the Nuclear Race
The Middle East is no longer experiencing a series of disconnected crises. What initially appeared to be a military confrontation between the United States and...
Tag: Suez Canal
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...
Egypt devalues its currency by over 30%
Egypt has devalued its currency, allowing it to weaken by about 35%. The pound plunged to 48.18 to the dollar in Cairo, down from around...
The Gaza conflict is another issue for central bankers
Two European giants in oil and gas declared on Monday that their oil tankers would avoid the waters off the coast of Yemen, a crucial...