The world is discovering that Iran and the Houthis do not need to control the world’s oil fields to exercise enormous influence over the global economy; they only need to control, or constrain access to, the narrow waterways through which that oil must pass. A War That Has Reached the …

While Washington pursued and implemented decades-long campaigns (including sanctions, proxy wars, and direct military action) against Russia and Iran to weaken or collapse their governments, those policies have also produced adverse effects at home, the most visible being surging energy prices and inflationary pressure. How are the Wars Coming Along?By …

America might still be the world’s most powerful country economically, but by turning trade into a weapon, Washington may be accelerating the very redistribution of global influence it fears the most. The trajectory of powerThe most important shift in the US-China competition may not be the size of either economy …