When ships leaving Iran's ports are seized, oil buyers are hurt, as well as every stakeholder in the chain, making countries more reluctant to do business with Tehran
Closing the Strait of Hormuz has shown how the Gulf should shift from an oil-export model to a digital and distribution hub. Will this trigger the long-delayed free trade agreement with China?
Riyadh and Cairo are trying to ease the acute oil shortfall through alternative pipelines, but these are just band-aid solutions, as the world's most vital energy corridor remains closed by Iran
The strait carries up to 20% of the world's oil exports at around 20 million barrels of oil each day. Any closure could cost the global economy greatly, even if only for a short time.
Iran has recently taken a decision to ban the mining of Bitcoin blocks on its territory for a period of 4 months. Iran had started mining Bitcoin at the beginning of 2019 with an official decision…
Ibrahim Hamidi spent years following the story of Mossad's 'spy in Damascus ', but some secrets remained untold. He then learned that the man who could answer them was still alive
The leaders of Egypt, Somalia, Sudan, and Eritrea met in Alamein on Sunday, which some interpret as a formation of a loose security alliance aimed at influencing the geopolitics of the Horn of Africa
Analysts believe that Trump is hoping to lower domestic fuel prices before the November midterm elections, which could see Democrats win a majority of seats in Congress
Neither Lula nor Bolsonaro won an outright majority, so the two men will face off on 25 October in an election that could serve as a bellwether of Donald Trump's influence in Latin America