Geopolitics
Borders, alliances, and the trade routes between them.
Contested subjects
2 subjectsAmerica And Iran Fight For Control Of The Strait Of Hormuz
Whose water the Strait of Hormuz is, whether the pressure on Iran is working, and what would end the war being fought over it.
Russia And Ukraine Still Disagree What The War Was About
When did the war begin, what caused it, and what is each side now saying it was for?
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.
