Lawrence J. Haas Iran’s economy is already crippled, but still resilient. The US economy is less threatened, but its political system is less tolerant of short-term economic pain. With its blockade of the Strait of Hormuz now in place, Washington faces the twin challenge of maintaining it in …
Read More »Is Britain considering a return to the EU?
No one should be surprised by the growing number of voices calling for Britain to return to the EU, or at least to accelerate and deepen the “reset” currently underway. There are four sets of reasons for this: Economic: Brexit has turned out to be even more costly …
Read More »War, Energy, and the Remaking of Global Order in Beijing’s Image
The looming May 14–15 summit in Beijing between Donald Trump and Xi Jinping presents a puzzle that conventional geopolitical maps struggle to navigate. As Trump seeks to end the major military operations against Iran before this high-stakes visit, he will find a Chinese leader who is not coming …
Read More »The war that ended nothing
On February 28th, nearly 900 strikes in 12 hours by the United States and Israel hit Iran. By morning, the Supreme Leader was dead. Within days, the Strait of Hormuz was closed, oil surged past $120 a barrel, and Gulf skies filled with interceptors chasing drones that refused …
Read More »Pakistan’s Illusion of Mediation in the Iran–U.S. Ceasefire
Dimitra Staikou As Henry Kissinger once observed, diplomacy is ultimately the art of limiting power. In Pakistan’s case, however, the late-March 2026 ceasefire between the United States and Iran did not demonstrate diplomatic strength—it exposed its limits. Rather than shaping outcomes, Islamabad revealed that it lacks both the …
Read More »Middle East war threatens global food security, growth, warn IMF, World Bank, WFP
The war in the Middle East is driving major disruptions in global energy markets and risks worsening food insecurity, particularly in low-income, import-dependent countries, the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Food Program (WFP) warned Wednesday. In a joint statement, the institutions …
Read More »The Ceasefire in the War on Iran: A Fragile Pause Between Escalation and Unresolved War
After 40 days of sustained military confrontation that pushed the region to the brink of a broader Middle Eastern war—and threatened a global energy shock—the United States and Iran announced, on April 8, 2026, a ceasefire agreement mediated by Pakistan. The deal includes a two-week suspension of hostilities …
Read More »The Post–Strait of Hormuz Era and the Urgent Options Facing the Gulf States
Amelie Shawn Some ships pass through the Strait of Hormuz after the ceasefire. April 8, 2026 (Shadi Al-Asaar/Anadolu) The Strait of Hormuz will remain the world’s central energy artery and the essential outlet for global oil and gas exports. It is a critical maritime chokepoint through which more …
Read More »The Quiet Shift: How Mexico—and China—Are Rewiring American Manufacturing
Susan Al-Makahleh The story of American manufacturing is no longer just about competition with China. It is about something more subtle—and arguably more consequential. The real shift is happening closer to home, in Mexico, where a new industrial ecosystem is emerging, one that quietly blends Mexican labor, Chinese …
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