The Rocky Road to Peace

April 10, 2026 On Tuesday Trump said that “a whole civilization will die tomorrow” if Iran failed to meet his deadline to reopen the Strait of Hormuz.  A day later he announced a 14-day ceasefire.  Huh? What does he really want?  War?  Or peace?  While those two...

A Hint of Hope?

April 3, 2026 On April 1 President Trump tried to calm the stock market which had fallen into “correction” mode earlier in the week when he said that the U.S. military mission in Iran was nearing completion. According to Trump the military has destroyed Iran’s navy...

Uncertainty Remains

March 27, 2026 A month into the fighting it is hard to see how the war can end soon despite Trump’s assurances that it is almost over. Iran’s missile arsenal has undoubtedly shrunk but it is not depleted.  Iran still imposes enough of a threat to keep the Strait of...

It is All About Oil

March 13, 2026 What started out as a relatively short-lived campaign to decapitate Iran’s leadership, dominate the sky, and eliminate Iran’s Navy, has turned into something that is likely to be a longer-lasting operation. Iran has successfully closed the Strait of...