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The Economic Fallout of the War with Iran

Disrupted energy markets due to continued hostilities are the most immediate economic challenge, with global reverberations, as the Strait of Hormuz is essentially unnavigable and crude oil prices continue to rise. Europe is highly dependent on energy imports from the Gulf after weaning itself off Russian energy after the full-scale …

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The Four Paths for a Post-Khamenei Iran

The Islamic Republic is at an inflection point. Less than a week ago, the Islamic Republic lost its Supreme Leader, Ayatollah Ali Khamenei, in a daytime Israeli air strike that stunned the world. And yet Khamenei’s regime fights on, firing ballistic missiles and drones at U.S. bases and diplomatic facilities, …

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