Dollars and Sense
The U.S. Strategic Petroleum Reserve (SPR) is not completely empty, but it has been drawn down to critically low levels not seen since the...
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National Security Journal
Dollars and Sense
If Iran Makes Good on Its Threat to Close the Strait of Hormuz, Gas Could Hit $7 a Gallon in America
Summary and Key Points: Iran just threatened to ‘completely’ close the Strait of Hormuz — the narrow waterway that carries a fifth of the...
Dollars and Sense
Last week, the Trump administration was publicly signaling that a deal with Iran was coming soon – but the prospect of a permanent peace...
Dollars and Sense
Most commentary on Russia’s frozen reserves treats the story as one of irony. Vladimir Putin accumulated nearly $300 billion to protect Russia from Western...
Dollars and Sense
Summary and Key Points: The B-47 Stratojet is one of the least-celebrated Cold War bombers — and one of the most influential. -To build...
Dollars and Sense
Summary and Key Points: In 1983, the USS Enterprise — the world’s first nuclear-powered carrier — was returning from a Pacific deployment when it...
Dollars and Sense
Summary and Key Points: The closure of the Strait of Hormuz has removed roughly a billion barrels of oil from the market, triggering the...
Dollars and Sense
Summary and Key Points: Canada has selected Sweden’s Saab GlobalEye as its new Airborne Early Warning and Control aircraft, Prime Minister Mark Carney announced...
Dollars and Sense
Summary and Key Points: Iran has done more than close the Strait of Hormuz — it has claimed ownership of the route that carries...
Dollars and Sense
Russia’s economy has held together not just because of oil revenue, but because the Kremlin is quietly forcing state banks to finance the war...