Two days of talks in Beijing ended Friday with China’s pledge to pressure Iran, a 200-jet Boeing order, and an autumn invitation for Xi to visit Washington.
Tag: Iran
Posted inGeopolitics
Senate blocks Iran war powers limit by one vote as GOP cracks widen
Three Republicans broke ranks, but a single Democratic defection held Trump’s Iran war powers intact in the Senate’s closest vote yet, 50–49.
Posted inEconomy
Two shocks are reshaping the global energy economy at once
The UAE’s departure from OPEC on May 1 and the Iran war’s disruption of Hormuz shipping have arrived simultaneously, creating a price environment where geopolitical supply threats are pushing one direction and Gulf overproduction capacity is pushing another.
Posted inGeopolitics
The Strait of Hormuz becomes the war’s most dangerous front
Three months into US-Israel military operations against Iran, the narrow passage through which roughly 20 percent of the world’s traded oil travels has become a pressure point that neither side can afford to close — but neither has shown it can keep fully open.