With a quarter of the global tanker fleet transporting Russian cargo in 2024, the so-called “shadow fleet” is neither as separate nor as obscure as might have been thought. At the end of 2022, Ukraine’s allies established a price cap regime for Russian crude exports, aimed at limiting and controlling …

His end may be just the beginning. On Saturday, Hezbollah confirmed that its leader, Hassan Nasrallah, was killed in an Israeli air strike on Friday in the Beirut suburb of Dahiyeh, the site of the group’s headquarters. Nasrallah had run Hezbollah for more than thirty years, orchestrating and inspiring its …

The Italian technocrat also warned that member states’ refusal to relinquish control of their domestic banking sectors risks exacerbating Europe’s financial subservience vis-à-vis the US. The United States’ ownership of European citizens’ banking data and domination of global payment systems mean that the European Union is increasingly becoming a “financial …