Iran's Telephone Channel Meets a Russia Detour as Brent Holds Near $107
The Iran channel is now telephone plus Pakistan paper plus Moscow consultation, while Brent near $107 prices the gaps between them.
World
The NATO Retaliation Memo Now Has a Legal-Impossibility Story
The leaked Pentagon threat to suspend Spain from NATO has collided with the small problem that NATO has no such button.
Pezeshkian's Blockade Floor Keeps Brent at War-Premium Levels
Oil is treating Iran's Pakistan-carried Hormuz proposal as concrete but still incomplete.
The Lethal Sea Encounter Still Has Not Arrived, but the Ship Count Climbs
The strait is getting tighter without yet producing the first publicly acknowledged fatal clash.
Sheinbaum's Chihuahua Case Is Still a Plateau, Not a Retreat
No FGR determination has surfaced, but Mexico's Chihuahua sovereignty case has not gone away.
Araghchi's Russia Trip Tests Whether Moscow Is a Channel or a Photo Op
Araghchi's Moscow stop matters only if Russia works on the Pakistan proposal, not just the photo backdrop.
Spain and Britain Still Have Not Filed the NATO Countermove
Madrid and London have answered the Pentagon in public, but NATO has not yet received the countermove.