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Taking Kharg Island May Be a Big Risk for Little Reward

2026-03-24 13:00:10

Even as US President Donald Trump speaks of “winding down” military action against Iran, there is increasing discussion of using the 31st Marine Expeditionary Unit (MEU), centered on the huge amphibious ship USS Tripoli, to seize and occupy Kharg Island at the northern corner of the Persian Gulf.

The Iran Energy Price Shock Is Getting Very Real in Europe

2026-03-24 13:00:05

For America’s European allies, the war in Iran started off as a human emergency and a geopolitical test for governments understandably reluctant to get dragged into a mess they never asked for. It’s now turning into an energy shock, one with echoes of the 2022 Ukraine war, and the fallout from that is impossible to avoid.

The Dollar's Puny Gains Show War Havens Are Hard to Find

2026-03-24 12:30:05

Where can investors find safety from the market oscillations triggered by the Iran war? There are no reliable havens right now; even the dollar, typically the biggest beneficiary of a flight to safety, has made only modest gains compared with the world’s major currencies. Monies that are flowing into the greenback are evidently not being invested so much in US equities or bonds, both of which are struggling, but instead are being parked in cash. Gold has lost a quarter of its value from its peak

Markets May Declare the War Over. Is That the Truth?

2026-03-24 12:00:07

Upside risks will probably continue to buoy share prices at least until the president’s next post. 

AI May Win Battles in Iran, But Ukraine Startups Can Sway Wars

2026-03-24 12:00:04

British army leaders invited outsiders to a military exercise last spring. To the dismay of some attendees, only a handful of the roughly 50 folks allowed in to the battlefield headquarters worked for startups, with about 90% coming from established defense contractors and consultancies. That ratio should alarm anyone who has been watching the war unfold in Ukraine, as well as the more recent conflict in Iran.

President Trump Is Giving Me Whiplash

2026-03-24 06:30:17

I can't keep up with the endless Iran recalibration. Can you?