Geopolitics
The U.S. war with Iran may be the last gasp of an old world order fighting with weapons that no longer decide outcomes. Societies evolve like species, only faster, and…
It’s hard to separate signal from noise in assessing the Iran war and what it means going forward. War is always confusing, but there’s a growing sense that this one…
Control oil, and you control nations, observed Henry Kissinger. Right now, that’s what Iran is doing in a way Kissinger would not have imagined. The prevailing narrative is that Iran…
On February 28, oil tankers stopped moving through the Strait of Hormuz. Roughly 20 million barrels of oil per day—about one-fifth of global supply—suddenly stopped flowing. Oil is the lifeblood…
Leon Trotsky famously said, “You may not be interested in war, but war may be interested in you.” A variation that fits Trump’s dilemma in the Iran war might be…
The Strait of Hormuz is not formally closed, but traffic has effectively stalled. Only four tankers transited on March 1 as crude carriers paused to reassess security conditions. Kpler is…
Welcome to the twilight of the Industrial Age. Growth is ending. That was the blunt thesis of a recent essay, and the signals are already here—deindustrialization, grid stress, financial instability,…
The surplus story most of us learned is straightforward. Once humans learned to farm, they grew more food than they needed. That extra food freed some people to build, rule,…
The Power of Siberia 2 isn’t really about natural gas. It’s about poking Trump in the eye on energy dominance. Moscow and Beijing know he’s obsessed with LNG and talks…
The headlines say Donald Trump is going after India with tariffs. The deeper story is that this is not just about trade. It is about oil, the lingering grip of…
OPEC’s recent decision to start adding supply back to the market has baffled most analysts — though that hasn’t stopped them from offering explanations that are just as confusing as…
For years, the threat of open war between Israel and Iran simmered on the margins of global attention—a shadow conflict fought through proxies, assassinations, and ideology. Now it’s out in…