European gas prices have jumped by 30% after some big GCC oil and gas producers cut supplies, and now a vital maritime trade route is being threatened. The stakes have seldom been higher.
Military strategists have long warned that war should be waged only if those waging it know what they want to achieve. Herein lies a problem: Washington's war aims in Iran are incoherent.
Quick, in-and-out precision operations that inflict maximum damage with minimum US casualties have long been a favoured tool of US presidents. Is Trump planning one for Iran?
A drop in the price of crude these days is nowhere near as painful as it used to be, because most of the Gulf Cooperation Council states have diversified away from hydrocarbons
Many of the big regional energy producers retain strong credit ratings as they boost their borrowing. How the money is spent will determine the wisdom of each approach.
As Saudi Arabia approaches its third century as a nation, Founding Day frames 1727 not simply as a historical milestone but as the starting point of an evolving state
When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response
There are few examples of successful US regime-change operations in history. And without permanent ground troop presence, these wins can easily be reversed.
Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.