The Strait of Hormuz to re-open. Now what?

The Strait of Hormuz to re-open. Now what?

In a flurry of diplomatic activity over the last days, Iran and the U.S. appear at last to have reached an initial agreement to wind down hostilities and open the Strait of Hormuz to seaborne traffic. The agreement is due to be signed in a formal ceremony Friday in Switzerland, but the immediate impact of … Read more

Putin denies economic stagnation after 4 years of war

Putin denies economic stagnation after 4 years of war

Given the uneven course of the Russian economy during the first five months of 2026, Russian authorities, especially President Vladimir Putin, were keen to minimize the impacts of any possible stagnation at the 29th St. Petersburg International Economic Forum. When asked by a reporter about Russia’s stagnating economy, Putin avoided a detailed response and paraphrased … Read more

Dying in Diesel protests: Africa slammed by Iran war energy crisis

Dying in Diesel protests: Africa slammed by Iran war energy crisis

Beginning last week, waves of protesters taking part in nation-wide strikes gathered on the streets of Nairobi to demand the Ministry of Energy and Petroleum reduce its state-controlled fuel price. What initially began as a labor initiative soon grew into violent demonstrations, pitting thousands of protesters against Kenyan police officers, who fired live ammunition on … Read more