The latest data points to a refining market power problem that will endure even after the Strait reopens.
iran war
The Iran War’s Biggest Loser? Definitely Netanyahu
The American president’s “Art of the Deal” reputation is in tatters. But the Israeli prime minister’s attempt to impose a military solution on the region makes him the war’s biggest loser—and Israel isolated and vulnerable.
What Mark Twain Could Teach Pete Hegseth About Holy War
Whether a “jihad” or “crusade,” language can serve to sanctify war. Mark Twain skewered such jingoism over a century ago.
Amid War in Mideast, Lingering Questions Over Killing Iran’s Leader
Assassination isn’t illegal under U.S. law, but don’t tell Trump. A legal primer.
The U.S.-Europe Rift: How Trump’s Iran War is Making it Worse
From threatening Denmark to belittling NATO, Trump has strained the alliance, but his affronts—including berating allies for not joining his Persian Gulf adventure—are speeding a European future without American leadership.
Trump Believes in “Madman Theory.” But He’s Actually a Madman
After six weeks of insane behavior, the ceasefire should not lead us to believe Trump has regained his faculties.
Democrats’ “Branding Problem” Is a Literal One
MAGA has mountains of merch. Why don’t Democrats?
The CIA Since the Turn of the Century
Historian and journalist Tim Weiner on how ideology is the enemy of intelligence, not just for Trump in Iran but for every American president.

