Key Takeaways: A country can be militarily strong and still easy to interrupt. Limited attacks—such as drones on Saudi Arabia’s East-West Pipeline and earlier Houthi strikes—can force rerouting, shutdowns, and delays whose cost exceeds the physical damage, including UNCTAD’s estimate that avoiding Bab el-Mandeb can stretch a Yanbu-to-South Korea crude …
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What Goes Into Diesel Prices? – Analysis
Key Takeaways: U.S. retail diesel averaged $6.29 a gallon as of Sept. 14, 2026—the highest nominal price in EIA’s series since 1994 and the highest inflation-adjusted level since 2022—lifted by crude prices plus a wide diesel crack spread (wholesale diesel minus crude). Global distillate is tight because of weaker refining …
Read More »Why is Italy covering up the expulsion of its ambassador to Ethiopia
In August 2026, the Ethiopian government declared Sam Fabrizi, the Italian ambassador, persona non grata. Rome chose to remain silent. This incident is not merely a diplomatic incident, but a striking example of the new balance of power between Africa and the former colonial powers. It is significant that, on …
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