Geopolitical Futures is a free newsletter with weekly analysis from New York Times bestselling author George Friedman and a global team of analysts. It includes special offers and reports on Turkey, Iran, and the future of the Middle East. Sign up now to receive the special report on Turkey and Iran.
Steve Hayes, Jonah Goldberg, Mike Warren, and Mike Nelson are discussing the renewed hostilities between the United States and Iran. They also discuss the changing momentum in the war between Russia and Ukraine and the changing tone from Donald Trump. For Not Worth Your Time, Hayes asks the panel about their inner curmudgeon.
The on-again, off-again war between the U.S. and Iran is back on. Arthur Brooks explains how the self-help industry can survive AI. Prince Harry suffered a major defeat in his battle against the tabloids. Apple filed a lawsuit against OpenAI on Friday, accusing the company of trade secret theft.
Escalations in the Middle East have damaged the media narrative that has built up over the past few weeks. Russia and Ukraine's advance in drone technology means it has been able to attack and damage Russian refineries, pumping stations and other energy logistics. Waleed Said, Technical Analyst at GivTrade, noted that both Brent and WTI “exploded almost 10 percent higher in the previous session”.
Yemen's government bombed the runway at Sanaa International Airport to prevent an Iranian aircraft from landing. Houthi rebels fired ballistic missiles towards southern Saudi Arabia in retaliation. Bab al-Mandeb Strait is a 29-mile (18-mile) bottleneck connecting the Red Sea to the Gulf of Aden and the Indian Ocean. Iran closed the Strait of Hormuz again amid its ongoing war with the United States and Israel.
Oil prices jumped to a one-month high of US$84.78 a barrel on Tuesday morning as renewed fighting between Iran and the US over control of the Strait of Hormuz rattled markets. US President Donald Trump announced that Washington would levy a 20 per cent charge on cargo passing through the strait. Economists and shipping analysts say the region is better placed to absorb the blow this time round.
Brent crude is up 3.4% at $86.15 a barrel. The FTSE 100 index in London is down 0.5%, or 52 points, at 10,445. The German Dax has dropped 0.55%, the French CAC lost 0.9%, the Italian borsa declined 0.7%, and the Spanish Ibex tumbled 1.07%. BP topped the FTSe 100 with a 3% gain, while Shell shares are 1.7%. BP said net debt at the end of the second quarter is expected to fall to between $22bn and $23bn.
Spare production capacity is the ability to increase production rapidly when the market needs it most. Spare capacity is a geopolitical asset that allows producers to stabilise markets, reassure consumers and strengthen their diplomatic position during periods of uncertainty. Saudi Arabia remains the world’s principal holder of meaningful spare production capacity.
Geopolitical Futures is a free newsletter with weekly analysis from New York Times bestselling author George Friedman and a global team of analysts. It includes special offers and reports on Turkey, Iran, and the future of the Middle East. Sign up now to receive the special report on Turkey and Iran.
Steve Hayes, Jonah Goldberg, Mike Warren, and Mike Nelson are discussing the renewed hostilities between the United States and Iran. They also discuss the changing momentum in the war between Russia and Ukraine and the changing tone from Donald Trump. For Not Worth Your Time, Hayes asks the panel about their inner curmudgeon.
The on-again, off-again war between the U.S. and Iran is back on. Arthur Brooks explains how the self-help industry can survive AI. Prince Harry suffered a major defeat in his battle against the tabloids. Apple filed a lawsuit against OpenAI on Friday, accusing the company of trade secret theft.
Escalations in the Middle East have damaged the media narrative that has built up over the past few weeks. Russia and Ukraine's advance in drone technology means it has been able to attack and damage Russian refineries, pumping stations and other energy logistics. Waleed Said, Technical Analyst at GivTrade, noted that both Brent and WTI “exploded almost 10 percent higher in the previous session”.
Yemen's government bombed the runway at Sanaa International Airport to prevent an Iranian aircraft from landing. Houthi rebels fired ballistic missiles towards southern Saudi Arabia in retaliation. Bab al-Mandeb Strait is a 29-mile (18-mile) bottleneck connecting the Red Sea to the Gulf of Aden and the Indian Ocean. Iran closed the Strait of Hormuz again amid its ongoing war with the United States and Israel.
Oil prices jumped to a one-month high of US$84.78 a barrel on Tuesday morning as renewed fighting between Iran and the US over control of the Strait of Hormuz rattled markets. US President Donald Trump announced that Washington would levy a 20 per cent charge on cargo passing through the strait. Economists and shipping analysts say the region is better placed to absorb the blow this time round.
Brent crude is up 3.4% at $86.15 a barrel. The FTSE 100 index in London is down 0.5%, or 52 points, at 10,445. The German Dax has dropped 0.55%, the French CAC lost 0.9%, the Italian borsa declined 0.7%, and the Spanish Ibex tumbled 1.07%. BP topped the FTSe 100 with a 3% gain, while Shell shares are 1.7%. BP said net debt at the end of the second quarter is expected to fall to between $22bn and $23bn.
Spare production capacity is the ability to increase production rapidly when the market needs it most. Spare capacity is a geopolitical asset that allows producers to stabilise markets, reassure consumers and strengthen their diplomatic position during periods of uncertainty. Saudi Arabia remains the world’s principal holder of meaningful spare production capacity.