Ignacio Fariza

Even if he ended the war and reopened the Strait of Hormuz today, it would take more than eight weeks for lower oil prices to reach the pump. It has become his biggest electoral liability

Melting ice has opened the door to steady trade routes between Asia and Europe. However, it also positions Russia as the arbiter

Rising prices boost Iceland’s pro‑European push as the country prepares to hold a referendum on joining the bloc

The Trump administration’s trade and financial squeeze has hurt Tehran, but it has not toppled the regime’s productive backbone while civilians bear the brunt

Global growth continues despite mounting geopolitical shocks, helped by the AI investment boom, skillful central-bank management and resilient consumer spending

The United States and Iran are intensifying their battle over a strait that is crucial to the global economy, and shipping companies fear significant additional costs for transportation

The White House opposes the imposition of a fee on ships and is leveraging the prospect of lifting sanctions on Iranian oil, but Tehran remains determined to charge for passage

An IAEA inspector in 1990s Iraq, the analyst believes Iran’s plans have suffered a serious setback from the war but have not been eliminated altogether

US military bases have shifted from being a source of protection to making them targets of Iranian attacks, and the closure of Hormuz is pushing them to seek alternatives to sell their oil

Incomes have not risen, the welfare state has not improved, and bureaucracy has not decreased. Yet the same far right that cemented the Leave vote is stronger than ever before

The number of ships managing to cross the strait has risen in the past two weeks, though it remains far below pre-war levels

Three months after the first U.S. and Israeli strikes, Washington more than ever needs a deal to reopen the Strait of Hormuz

The possible release of retained funds is being read as a major concession by Trump that could help the Islamic Republic survive

Russia and China are moving closer to linking the Arctic Circle to Shanghai but the urgency is on Moscow’s side

Crude oil sales, at record highs, are making the country a net exporter for the first time since World War II

Aside from short-term fixes, several countries in the region are reviving old projects to overcome the Hormuz blockade

Gulf countries are loading crude onto ships at sea as their onshore storage facilities reach capacity. Normally these vessels are a marginal part of the market, but now they’ve taken on a crucial role

Saudi Arabia, at odds with the United Arab Emirates, remains the undisputed leader of a much‑weakened oil cartel with little sway over the market

As the days go by, the risk of the price crisis morphing into widespread shortages increases. Iran is unable to export, and Trump is facing midterm elections with skyrocketing gasoline prices

The region is sliding toward recession as energy exports and tourism collapse — a downturn rivaled only by the pandemic

The United States is tightening the negotiating rope, weakening Iran’s position and increasing Chinese pressure on the regime. But putting this into practice will not be easy

In Southeast Asia, which is heavily dependent on imports from the Middle East, several countries have been implementing rationing measures for weeks

Wind and solar power are expanding across the world’s major economies, as fossil-fuel consumption stagnates. Meanwhile, the US president derides wind turbines as ‘those damn things’

The far right is threatening to stiffle state-owned media corporations or put them at its service if it comes to power

The Italian thinker, speaking at a breakfast organized by the World In Progress forum, an initiative of PRISA, called for Europe to challenge the power of tech companies

Progressive political forces are increasingly taking the message away from the far right, posting recent victories in New York, the Netherlands and Ireland