Headlines

Iran war costing US untold billions, with no end in sight

WASHINGTON — Members of Congress have not formally authorized a war in Iran, though they may soon be expected to approve emergency funding for the endeavor without any projection from the Trump administration as to how long it may last or the full cost, not just in dollars but

Long way round: Cape route filling the Hormuz gap

Events in the Middle East during February and March 2026 again disrupted the flows of shipping trade to the eastern and western spheres of the international system. Given that the global economy is maritime based and rests on secure and predictable flows of goods by sea, the