Saudi Arabia’s Oil Dilemma: Economic Interests and Political Leverage
Energy markets depend on more than supply and demand. Shipping disruptions, recessions and wars all move prices, but a producer can also move them deliberately, most directly by cutting output, in order to gain political influence. As of this writing, Riyadh has given no concrete sign that it intends to use its energy exports as…
The China-Russia Connection Behind Iran’s Military Resilience
What began as a rapid military campaign by the United States and Israel has developed into a prolonged conflict, intensifying instability across the Middle East and placing additional pressure on the global economy. Iran’s ability to sustain its war effort raises queries about the resilience of its domestic defence industry and the external networks that…
Why Saudi Arabia’s Latest Confrontation with the Houthis is a Self-Goal
Liberal internationalists have long argued that the costs of war are so high that leaders will eventually stop choosing it. The record is less reassuring. Leaders often go to war on flawed assumptions and miscalculation rather than careful cost-benefit analysis. The war on terror illustrates the point. The United States entered it with ambitious aims,…
Wednesday, November 4, 2026
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