Geopolitics
Borders, alliances, and the trade routes between them.
Contested subjects
5 subjectsIceland's Place In Europe
Sovereignty, fish, security, or a union no wealthy country wants to join.
The War With Iran And The Strait
Six months of war, a closed strait, and no agreement on what it was for.
China's Role In A World At War
A closed strait, a slowing economy, and a seat at every table.
Israel And Its Western Allies
An alliance, a dependency, a liability, or a cause.
The War In Ukraine, In Its Fifth Year
Six readings of the same front line, the same negotiations and the same invoice.
More in Geopolitics
3 storiesStrait Of Hormuz Insurance Rates Triple In Nine Days
Underwriting syndicates have repriced Gulf transit cover three times in nine days. Charterers are absorbing the cost rather than rerouting, which tells you what they expect.
Sanctions Enforcement Shifts From Entities To Vessels
Entity-level designations were routed around within weeks. Vessel-level designations attach to a hull that cannot be re-incorporated overnight, and the market has noticed.
Central Bank Gold Buying Sets Another Record
Official-sector demand has been net positive for fifteen straight quarters. The buyers are consistent, and their reserve managers are answering a question about custody rather than about returns.
