The Economist

In Australia petrol is a bit pricier but trucks keep trucking and planes continue to fly. This comforting picture belies how close we remain to the edge.

The Trump administration is cosying up to new tech which is shaking up the traditional military industrial complex.

For now, they are still a long way behind

Both the United States and Iran must compromise to protect the ceasefire and end this futile war.

The head of the International Atomic Energy Agency warns states could topple like dominoes in a dangerous new world of weapon proliferation.

The blockade undermines international law and raises the risk of wider conflict.

War, oil shocks and stubborn inflation collide to derail hopes of rate cuts and test the Fed’s independence.

Opening the Strait of Hormuz will not stop the economic fallout but there is a silver lining to the turmoil.

A tentative ceasefire may be in place between the United States and Iran but residual risks and ruined infrastructure will keep energy prices high.

The United States and Iran may have hit pause but the war has left the Gulf states exposed and searching for reliable allies.

The moon mission has recaptured some of the enthusiasm of early lunar flights.

Since the US and Israel first attacked Iran, a third of fertiliser exports have been blocked from passing the Strait of Hormuz. Soaring prices are now sowing panic among the world’s farmers.

Government borrowing costs around the globe are being pulled in opposite directions.

Jimmy Carter and Ronald Reagan both considered invading it. Saddam Hussein bombed it. In 1988 Donald Trump said that were he president, he would ‘do a number’ on the island. 

Donald Trump is deploying troops. Is he repeating the mistake of Vietnam, Iraq and Afghanistan?