Tag: LNG

Aerial view of oil tankers gridlocked in the Strait of Hormuz at dusk, black smoke rising from a distant refinery against an orange sky.

Persian Stalemate

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Thirty days in, Operation Epic Fury has achieved something genuinely historic: it has made the world less safe, energy more expensive, American alliances more threadbare, Iran more unified, and the US military more fractured — all simultaneously. Pete Hegseth is praying for Armageddon. His troops are filing conscientious objector applications. And in the Strait of Hormuz, the tankers stay put. Urban Wronski on the stalemate that no ground invasion can break and no prayer can win.

Editorial illustration of corporate and political figures examining a glowing global gas map that is cracking into flames, while shadowed civilians stand in the background.

The Seduction of Simple Answers

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A seductive theory claims the US-Israel war on Iran is driven by LNG profits. It sounds convincing. It is also wrong. When examined closely, the market logic collapses, leaving behind a far messier and more dangerous reality.