Headlines

Iran war exposing deeper risks of US financial dominance

War exposes truth faster than any policy paper ever could. The US-Israeli confrontation with Iran is stripping away assumptions that have underpinned global capital allocation for decades. Oil above $100 and disruption through the Strait of Hormuz are only part of the story.

Iran’s Hormuz pain is China’s yuan gain

TOKYO — Say what you want about the Iranian regime, it’s a master troller in ways for which US President Donald Trump surely didn’t foresee. Nowhere is that more apparent — or potentially impactful — than Iran’s reported plan to showcase the yuan by requiring all oil tankers

America’s Iran quagmire and the failure of strategic memory

There is a particular frustration that comes with being a Cassandra in Washington. You spend three decades writing books titled “Quagmire” and “Sandstorm”, you warn in magazine after magazine, op-ed after op-ed, that America’s compulsive entanglement in Middle Eastern politics