Politics. Economics. Markets. — The Authoritative Voice on the Middle East
Kharg Island is a T-shaped island in Iran's northern Persian Gulf that handles 90% of the country's crude oil exports — approximately 2.5 million barrels per day worth $105 billion annually at current prices. Trump's…
The United States has spent approximately $5.4 billion in the first 4.5 weeks of Iran war operations —…
March 2026 was the most consequential single month for Middle East economics since the 1973 oil embargo. Brent…