A Toll Without Precedent Since 1945: Russia’s Losses in Ukraine, in Historical Context
No major power has absorbed losses on this scale since 1945. Russia has bought with them less than 1.5 percent of Ukraine, and this spring its army began giving ground back.
Keepers of the Flame
In Iran, the United States confronted a regime whose spine was stiffened in part by revolutionary fervor. Military action against Cuba could encounter the same source of implacability.
The Minerals Push Has a Demand Problem
The Trump administration has invested billions to break China's grip on critical minerals. Analysts say a policy contradiction is undermining the effort.
Even If the Strait Stays Open, Will Anyone Go Back In?
Ten days after a US-Iran deal, two tanker attacks have exposed the gap between market confidence and operational reality.
Who Guards the Web?
Iran has threatened to attack or tax the undersea cables running through the Strait of Hormuz. No body of international law has the tools to stop it.

















