Tehran’s pressure on Gulf energy targets and global shipping has forced Washington and Jerusalem into a war of attrition, raising oil prices and complicating efforts to reopen the vital strait

The economics of the war are working against the Iranian regime. Watch for the White House to try and accelerate those dynamics.

The US dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming nations turn to…

Tehran’s pressure on Gulf energy targets and global shipping has forced Washington and Jerusalem into a war of attrition, raising oil prices and complicating efforts to reopen the…