Fourteen days into Operation Epic Fury, the most consequential American military campaign in the Middle East since the invasion of Iraq, the Trump administration has yet to say what victory will actually look like. The president has variously toggled between declaring Iran has “practically nothing left,” indicating that …
March, 2026
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15 March
Partisanship on Iran Is Dangerous for America
Trump is doing the right thing for the U.S., and we Democrats should judge the war on the merits. WSJ Opinion: Trump’s War in Iran. Is It Justified? And Is It Wise? An Editor at Large: Gerard Baker looks at previous Republican incursions in the Middle East before …
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15 March
This Is the Worst-Case Scenario for Oil Prices
Greg Priddy Oil markets are losing an estimated 15 million barrels per day from the closure of the Strait of Hormuz—a loss that spells disaster for the global economy. Among most people in the financial world, the idea of a near-total halt in flows of oil through the …
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15 March
The War That Was Supposed to be Easy
Beneath the visible theater of warfare, a more consequential dynamic appears to be unfolding. It is one that suggests the United States may have misjudged not merely Iran’s capabilities but the nature of the war itself. The assumption was that a few days into the war, especially after …
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15 March
Preparing for the Pacific by Watching the Gulf: How China Is Turning the Iran Conflict into a Military Laboratory
While the world’s eyes are fixed on the Strait of Hormuz and the simmering U.S.-Israeli-Iran standoff, a subtler, far-reaching geopolitical play is unfolding: China is quietly treating Iran as a testing ground for the next generation of multi-platform warfare. The Chinese “Missile Saturation Theory,” long theorized in Beijing’s …
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15 March
With barrage of missiles, Pyongyang responds to US-South Korea military drills
North Korea launched over 10 ballistic missiles into the sea on Saturday while U. S. and South Korean forces conducted military drills. Japan’s coast guard indicated that a missile might have fallen into the sea, but outside Japan’s exclusive economic zone. The missiles were fired from near Pyongyang …
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15 March
Trump Signals Escalation in the Strait of Hormuz – But Who Will Join Him?
In a statement that underscores both America’s resolve and the uncertainty surrounding its allies, President Donald Trump declared that many nations would send warships to keep the Strait of Hormuz open. Yet, in a move that has left analysts scrambling, he did not specify which countries would participate. …
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15 March
When Elasticity Fails: The New Fragility of the Global Energy System
Yannis Bassias The confrontation in the Persian Gulf has not created new vulnerabilities. It has revealed the architecture of a global energy system that has been losing resilience for more than a decade. Markets long assumed that disruptions would remain isolated, that shocks would arrive one at a …
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15 March
New beginnings: Moldova withdraws from the CIS
The Republic of Moldova announced in early March that the process to withdraw from the Commonwealth of Independent States (CIS) is moving forward. The decision to leave this bloc highlights Moldova’s foreign policy strategy of reducing ties with Russia while increasing engagement with European organizations. The CIS: A …
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