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
Faris Al-Muhanna dreams of one day creating a digital archive to safeguard the history and memory of Lebanon's most iconic artist for future generations
It has followed economic reforms closely, explaining policy shifts to the public, assessing outcomes, and contributing to informed discussion when needed
In Yemen, Somalia, and Sudan, the state has ceased to function as it should. This has led to problems not just on land but at sea, making this trio one big and urgent international issue.
From military spending to energy markets, the US-Israeli war on Iran is driving rising costs, with the Strait of Hormuz emerging as a central pressure point
Until fairly recently, most Americans sided with Israel. These days, most side with the Palestinians. That will eventually influence US foreign policy.
Any disruption in the Hormuz has cascading knock-on effects that extend far beyond energy markets, impacting international trade. Al Majalla explores all this and more.
Al Majalla - London
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