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The Pause at the Strait

The Pause at the Strait

The Islamabad Memorandum has stopped a war and reopened the Strait of Hormuz — a real achievement. Much remains to be negotiated, but for India, the opening it creates is genuine: a chance to secure energy, revive Chabahar, and shape the order ahead. When US President...
Rewriting of a Post OPEC order in the Gulf

Rewriting of a Post OPEC order in the Gulf

The United Arab Emirates left the Organisation of the Petroleum Exporting Countries (OPEC) on 1 May, ending a fifty-nine-year membership without consulting Riyadh, Moscow or anyone else. The cartel’s most senior officials learned of the decision on the wires. The oil...