At the peak of the crisis, oil surged to $110–116/bbl. But it remains volatile at $90–100 after ceasefire pause. Liquefied natural gas (LNG) took an even harder hit. Oil price surged more than 50%, but LNG soared as much as 143% - a 3-year high. In Asia, supply risk...
The President is committing lives and treasure to war. Congress has not authorized it. And no citizen has any legal standing to object. That is not a constitutional republic operating as designed. It is one operating as though the founding document does not mean what...
he makers of our Constitution undertook to secure conditions favorable to the pursuit of happiness... They sought to protect Americans in their beliefs, their thoughts, their emotions and their sensations. They conferred, as against the Government, the right to be let...
Reprinted with permission from The Realist Review. There is a saying often repeated in circles critical of the foreign policy establishment: “Whoever gets elected, you always get John McCain”. You’re especially likely to hear it when a president turns into a war hawk...
In early March, a U.S. submarine torpedoed an Iranian warship in the Indian Ocean. The ship, a frigate called the IRIS Dena, had been docked at an Indian port just days earlier – an invited guest at India’s flagship multinational naval exercise. It had participated in...
A two-week ceasefire has partially halted the Israel-US war on Iran. The war accomplished precisely nothing that a competent diplomat could not have achieved in an afternoon. The Strait of Hormuz was open before the war and it is open again now, but with more Iranian...
When it comes to economics, the Donald is truly a knucklehead. So he is now preparing to monkey-hammer the entire $105 trillion global economy by putting a US naval blockade on top of the Iranian blockade. The latter, of course, has already ground normal traffic of...
The knives are out – and this time, they are not aimed at Tehran, but at Donald Trump and Benjamin Netanyahu. Even the ever morally flexible Chris Christie moved quickly. The former New Jersey governor and longtime Republican insider, speaking on CNN, did not merely...
After the breakdown of talks in Pakistan, the ceasefire between the US and Iran is more fragile than ever, and now seems likely to give way to a new phase of the war. The ceasefire and talks have failed to end Israel’s devastating attacks on Lebanon or to negotiate...
President Trump was presented with a great opportunity on Saturday to take the off-ramp from his war on Iran. After threatening Iran that “a whole civilization will die tonight,” Trump managed to get a two week pause in the war with the intervention of the Pakistani...
