Immediately after U.S. President Donald Trump announced his slew of tariffs last week, OPEC+ members, led by Russia and Saudi Arabia, announced a significant increase in oil production for May. At 411,000 barrels per day, up from a planned 135,000 bpd, this is the group’s highest output since 2020. The move has little to do […]
Nuclear negotiations. At a press conference with Israeli Prime Minister Benjamin Netanyahu at the White House, U.S. President Donald Trump said the U.S. and...
Standing its ground. Iran continues to reject U.S. demands for direct negotiations, arguing instead that backchannel diplomacy via Oman should continue. Tehran also put...
There are two analytic principles worth repeating before delving into the raft of tariffs the Trump administration issued last week. The first is that...
Chinese retaliation. China announced that it will impose 34 percent tariffs on all U.S. imports in retaliation against the Trump administration’s announcement on Thursday...
Outside the clamor of tariffs, the negotiations over Ukraine and various institutional reforms, the U.S. government has been devising new ways to strengthen its...
Israeli airstrikes. Israel launched airstrikes against two airports in Syria on Wednesday, the Israel Defense Forces confirmed. According to the IDF, they targeted “remaining...
Iranian preparations. Iran has reportedly placed its military on high alert in anticipation of a possible Israeli strike. It has also reportedly readied more...
