Houthis Push Towards Yemen’s Red Sea Coast And Mokha Could Become the Next Major Flashpoint

The reported Houthi ground offensive around Mokha and north towards Al-Khawkhah is significant for a reason that goes beyond Yemen’s civil war: control of this coastline could give the Houthis greater leverage over one of the world’s most important maritime corridors. Recent reporting confirms that Houthi attacks on Mokha have intensified, including repeated missile and…

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Trump Says the U.S. Has “Total Control” of Hormuz. The Shipping Data Tells a More Complicated Story.

The latest US-Iran confrontation over the Strait of Hormuz is becoming a battle not only over a strategic waterway, but over who gets to define what “control” actually means. President Donald Trump says the United States has “total control” of the Strait, declaring that the American naval presence is a “wall of steel” and suggesting…

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Bab el-Mandeb Attack Shows How Quickly a Shipping Crisis Can Become a Global Cost Problem

Reports of a missile attack on a Saudi-linked commercial vessel in the Bab el-Mandeb Strait, reportedly killing three crew members, two Pakistanis and one Indonesian, are the latest warning that the Red Sea shipping crisis is becoming harder for commercial operators to ignore. The details of the reported incident are still developing, and there has…

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Strait of Hormuz Talks Show How Weak Rules Can Become a Global Economic Problem

The latest developments around the Strait of Hormuz are exposing a bigger problem than whether commercial ships can return to the waterway: international rules are struggling to keep pace with a geopolitical crisis. Iran and Oman are reportedly close to an arrangement that would create separate routes for ships travelling through the strait, with discussions…

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Middle East Tensions Are Reshaping the Oil Business and Consumers Are Paying the Price

The continuing conflict involving Iran is creating a strange situation in the global energy market: oil companies are making much more money at the same time that higher energy prices are putting pressure on consumers and businesses. Saudi Aramco, ExxonMobil and Chevron are among the major energy companies benefiting from the sharp changes in oil…

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Trump Has Chosen Diplomacy Over Airstrikes. Now Comes the Hard Part.

Just days after the United States appeared to be on the brink of another military confrontation with Iran, President Donald Trump has announced that direct negotiations between Washington and Tehran will begin, following his decision to shelve planned military strikes. Trump said the talks are expected to start Monday and expressed optimism that diplomacy could…

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Trump’s Promise of More US Strikes on Iran Signals a Longer Conflict And Greater Risks for Global Markets

U.S. President Donald Trump has confirmed that American military strikes inside Iran will continue, a declaration that suggests the conflict is entering a new phase with no immediate end in sight. While the latest announcement focuses on military action, its biggest implications may be economic and geopolitical rather than tactical. Speaking after the latest escalation,…

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Mediators Advance Gaza Roadmap Linking Hamas Disarmament to Israeli Withdrawal

International mediators have unveiled a tentative roadmap aimed at ending the war in Gaza, with the proposed framework calling for Hamas to disarm in phases while Israeli forces gradually withdraw from the territory. The proposal, announced following intensive negotiations involving the United States, Egypt, Qatar and other regional partners, outlines a multi-stage process designed to…

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