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Disrupted Oil Operations in the Persian Gulf

(click to enlarge) Though oil prices have surged since the start of fighting in the Middle East, investors are still hopeful that the war will...

Daily Memo: On US Weapons Supplies

Replenishing stocks. The Pentagon is reportedly planning to request funds from Congress to replenish munitions used against Iran. Missiles for the Patriot and THAAD...

China’s Strategic Restraint in the Iran War

Despite the outbreak of war in the Middle East, high-level U.S. and Chinese trade negotiations are proceeding as planned. U.S. Treasury Secretary Scott Bessent,...

Daily Memo: Azerbaijan Enters the Fray

Fighting spreads to the Caucasus. Iranian drones struck the Azerbaijani exclave of Nakhchivan on Thursday. Azerbaijan’s Ministry of Defense said unmanned aerial vehicles from...

Russia’s Limited Gains From the Middle East War

The war in the Middle East and resulting restrictions on hydrocarbon supplies through the Strait of Hormuz appear to be working in Russia’s favor....

Daily Memo: Kurdish Engagement in Iran, US Warns Spain

Opposition groups. The CIA is reportedly working to arm Kurdish forces in the hopes of inspiring a popular uprising against the Iranian government. According...

Iran After the War

U.S. President Donald Trump said March 3 that he thinks a "more moderate," popular figure who is already part of Iran's regime would be...

Daily Memo: Update on the Strait of Hormuz and Chances of a Ground Operation

Shipping disruption. The Islamic Revolutionary Guard Corps announced Monday that the Strait of Hormuz is closed. An adviser to the IRGC commander-in-chief said the...

Economic Implications of the Iran Attacks

The economic fallout from U.S. and Israeli strikes against Iran is starting to take shape. Iranian state media and senior officials from the Islamic...

Daily Memo: Fallout From the Attack on Iran

Developments. A flurry of activity has followed the U.S. and Israel’s launch of strikes against Iran over the weekend. Iranian attacks on Gulf countries...

An Early Military Analysis of the Iran Operation

The opening phase of Operation Epic Fury was a coordinated strike campaign aimed at disrupting Iran’s command continuity and degrading its retaliatory capability. Official...

First Thoughts on the Attack on Iran

At about 9:30 a.m. local time on Saturday, the United States and Israel launched a surprise attack on Iran. It did not seem to...

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