More: Economics
Trump’s Strait of Hormuz Blockade Plan Fails as NATO Allies Refuse to Join
The United States' NATO allies announced on Monday that they would not participate in President Donald Trump's plan to blockade the Strait of Hormuz,...
How a US Naval Blockade of Iran Could Squeeze Global Oil Supply
The United States, under Donald Trump, has announced plans to block shipping linked to Iran following the collapse of nuclear and ceasefire talks.
Although Washington...
UK Breaks with US on Iran Strategy, Refuses to Back Strait Blockade
Britain has publicly distanced itself from Washington’s escalating strategy against Iran, with Prime Minister Keir Starmer making clear that the UK will not support...
Oil Surges Past $100 as US Blockade Move Triggers Global Market Shock
Global markets turned cautious after the United States signaled a blockade on Iranian shipping following the collapse of weekend talks. The move, led by...
The Human Loophole: AI and the End of Labour Economy
For three centuries, the global engine has been a production economy. Its defining challenge was the scarcity of supply: how to harness enough energy,...
China’s position after the failure of the US-Iran negotiations
Negotiations between Iran and the United States have reached a deadlock due to differing demands. Washington seeks a narrow agreement concerning maritime security in...
Iran’s New Strait of Hormuz Protocol
Iran’s new protocol for the Strait of Hormuz is not a normal maritime regulation. It is a wartime instrument being repackaged as a postwar...
The impact of the US-Israel-Iran crisis on Asia
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...
Economic shockwaves from Middle East war to overshadow IMF and World Bank talks
Top finance officials from around the world are meeting in Washington this week due to the impacts of the ongoing war in the Middle...
Trump threatens to blockade the Strait of Hormuz
President Donald Trump announced on Sunday that the U. S. Navy would begin a blockade of the Strait of Hormuz following unsuccessful talks with...