On Oct. 7, 2023, Hamas and other Gaza-based Palestinian armed groups launched a surprise attack on Israel’s southern border communities, killing 1,200 people and taking 251 hostages. In response, Israel retaliated by imposing a total closure of the territory and launching a massive air, sea, and land military campaign that, …

The assassination of Hezbollah’s secretary-general, Hassan Nasrallah, marks an inflection point that will redefine the security landscape of the Middle East. His deputy, Naim Qassem, has pledged “continued resistance,” claiming Hezbollah was steadfast and will not retreat, while Israel has pressed ahead with a ground invasion of southern Lebanon. The …

For nearly a year, the ongoing regional conflict, which started as a war between Israel and Hamas, seemed to contradict the old formula long thought to be one of the few certainties in global petroleum markets: that “war + Middle East = high oil prices.” While the conflict has taken …