Hundreds of Chinese maritime militia vessels are operating in contested areas of the South China Sea on a consistent basis, according to a new U.S. think tank report that says this poses a significant challenge to “maritime order rooted in international law.” The Washington, D.C.,-based Center for Strategic and International …
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Austin: U.S. ‘Committed to Preventing Iran From Gaining a Nuclear Weapon’
America’s allies and partners in the Middle East and elsewhere share deep concerns about the Iranian government’s destabilizing actions — including its support for terrorism, its dangerous proxies and its nuclear program, Secretary of Defense Lloyd J. Austin III said. The secretary delivered a major policy speech on the Middle …
Read More »How OPEC Shook Off a Historic Crash to Successfully Stabilize Oil Markets
The global clout of OPEC, never one of the world’s most admired institutions, reached a nadir in April when a dispute between Saudi Arabia and Russia triggered a price war just as global oil demand was collapsing due to the coronavirus pandemic. Three months later, the cartel has re-emerged as …
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