
Photo: LNGSTS The Strait of Hormuz – the world’s most critical maritime energy chokepoint – has transitioned from a conventionally regulated global trade superhighway[…]

Image: Mohsen Saafi Renewed fighting around the Persian Gulf and the Bab el-Mandeb, and the reactivation of Saudi air operations against Ansar Allah, have again[…]

Energy markets like to speak in abstractions: liquidity, flexibility, spare capacity, hedging. Then the Strait of Hormuz appears on the map, and the language becomes[…]

Iran is believed to possess more than 17 types of ballistic missiles, and that variety matters. Not every missile presents the same challenge to defenders:[…]