Marine Shipping Rates Double Overnight for Routes Through the Strait of Hormuz
On March 3, 2026, the cost of shipping oil through the Strait of Hormuz effectively doubled overnight.
Lloyd’s of London Declares the Entire Persian Gulf a War Risk Zone
Lloyd’s of London, through its Joint War Committee, has officially declared the entire Persian Gulf a war risk zone, a designation that has sent…
Commercial Ships Are Refusing to Enter the Persian Gulf Without Military Escort
Yes, commercial shipping through the Strait of Hormuz has ground to a near-total halt. Following the joint U.S.
U.S. Minesweeping Capability in the Persian Gulf Has Been Declining for Years
The United States Navy’s ability to clear mines from the Persian Gulf has been deteriorating for decades, and the problem is now acute enough to raise…
The Mines Iran Placed in the Strait of Hormuz Before the War Are Still There
Yes, the mines Iran placed in the Strait of Hormuz are still there. Despite the U.S. military’s destruction of 16 Iranian minelayers since the conflict…
Iran’s Remaining Submarines Could Still Threaten Shipping in the Persian Gulf
Despite the Pentagon’s claims that Iran’s submarine threat has been “eliminated,” more than 20 Ghadir-class midget submarines remain operational and…
The Iran War Is Testing Whether the Global Economy Can Handle Another Major Shock
The short answer is no — at least not without serious pain. Seventeen days into the U.S.-Israeli military campaign against Iran, the global economy is…
Institutional Investors Are Moving to Cash and Gold — That’s Never a Good Sign
When the biggest money managers on Wall Street start dumping equities in favor of cash reserves and gold bullion, it is not a drill.
The VIX Volatility Index Spiked to Levels Not Seen Since the 2022 Russia-Ukraine Crisis
The VIX Volatility Index, Wall Street’s most widely watched fear gauge, has surged to levels not seen since Russia invaded Ukraine in early 2022.
Bond Markets Are Signaling That Investors Expect This Conflict to Get Worse Before It Gets Better
Bond markets are sending an unmistakable warning: the U.S.-Iran conflict that began on February 28, 2026, is not priced as a short-term disruption.