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President Donald J. Trump meets with guests, including Penske Corporation Chairman Roger Penske, in the Oval Office before participating in a Freedom 250 Grand Prix Showcase on West Executive Avenue at the White House, Monday, July 13, 2026. (Official White House Photo by Daniel Torok) President Donald J. Trump meets with guests, including Penske Corporation Chairman Roger Penske, in the Oval Office before participating in a Freedom 250 Grand Prix Showcase on West Executive Avenue at the White House, Monday, July 13, 2026. (Official White House Photo by Daniel Torok)

Dollars and Sense

Dr. Andrew Latham argues the Strategic Petroleum Reserve — down 99 million barrels to a 1983 low, worth about sixteen days of prewar Hormuz...

President Donald Trump announces tariffs on auto imports in the Oval Office, Wednesday, March 26, 2025. (Official White House Photo by Molly Riley)

Dollars and Sense

Defense expert Harrison Kass examines why months of strikes, blockades, and diplomacy haven't reopened the Strait of Hormuz: Iran spent decades building dispersed, survivable...

President Donald J. Trump visits the El Arepazo Doral restaurant, Monday, March 9, 2026, in Miami, Florida. (Official White House Photo by Daniel Torok)

Dollars and Sense

Trump declared Monday that the U.S. will 'probably run' the Strait of Hormuz, reinstating a blockade on Iranian-linked shipping while keeping the waterway open...

President Donald Trump participates in a Kennedy Center Board Meeting, Monday, March 17, 2025, at the John F. Kennedy Center Performing Arts Center in Washington, D.C. (Official White House Photo by Daniel Torok)

The Treaty

Former Pentagon official Dr. Michael Rubin warns that as the Iran war resumes, Washington's oldest 'magic formula' — backing ethnic separatism to fragment Iran...

Military Hardware: Tanks, Bombers, Submarines and More

Putin Back on 2_2026 State Media Photo

Military Hardware: Tanks, Bombers, Submarines and More

Another overnight wave sent more than 200 drones toward the Moscow region, with Russia claiming 375 intercepted across 18 regions. Intercepts near Moscow have...

(October 30, 2007) - USS Ronald Reagan (CVN 76) conducts Board of Inspection and Survey (INSURV) following a six-month Planned Incremental Availability (PIA). All Naval vessels are periodically inspected by INSURV to check their material condition and battle readiness. U.S. Navy photo by Mass Communication Specialist 2nd Class (AW) M. Jeremie Yoder. (October 30, 2007) - USS Ronald Reagan (CVN 76) conducts Board of Inspection and Survey (INSURV) following a six-month Planned Incremental Availability (PIA). All Naval vessels are periodically inspected by INSURV to check their material condition and battle readiness. U.S. Navy photo by Mass Communication Specialist 2nd Class (AW) M. Jeremie Yoder.

Military Hardware: Tanks, Bombers, Submarines and More

Day six of the renewed war brought expanded US strikes across Iran and wider Iranian attacks on America's Gulf partners — with only a...

Tomahawk Launch Tomahawk Launch

Military Hardware: Tanks, Bombers, Submarines and More

The Washington–Tehran MoU effectively ceded Hormuz control to Iran — so Trump forced ships onto the Omani route, and the deal collapsed in 18...

Ukraine War

Vladimir Putin in Murmansk (2025-03-27)

Ukraine War

Hours after Russia's central bank reported its weakest business climate since early 2022, Peskov insisted the economy's troubles are 'not of a critical nature.'...

Putin in March 2019 Putin in March 2019

Ukraine War

A day after von der Leyen announced an EU 'drone deal' promising safe production sites, Russia fired 164 drones and missiles at Kyiv and...

Putin in 2020 Russian Government Photo Handout Putin in 2020 Russian Government Photo Handout

Ukraine War

Kyiv says it struck 11 more Russian-linked vessels Thursday, bringing July's claimed total to 147 — and Russia is now restricting traffic through the...

The Treaty

U.S. Air Force A-10 Thunderbolt IIs and an HC-130J Combat King II assigned to the 355th Wing taxi in formation on the runway at Davis-Monthan Air Force Base, Arizona, Feb. 9, 2022. The 355th Wing maintains and operates A-10 Thunderbolt IIs, HH-60G Pave Hawks and HC-130J Combat King IIs ensuring its Airmen and aircraft are ready to fly, fight and win. (U.S. Air Force photo by Senior Airman Alex Miller)

The Treaty

US airstrikes hit Iran's southern coast for a fifth straight day as the IRGC declared Hormuz an 'unbreakable red line' and threatened regional infrastructure....

Putin Meeting with Duma 2018 Creative Commons Photo Putin Meeting with Duma 2018 Creative Commons Photo

The Treaty

Beijing rebuffed Putin's Power of Siberia 2 pipeline, demanding domestic-rate gas and telling Moscow not to raise it again — while quietly courting Russians...

U.S. Air Force Maj. Sean “Rambo” Loughlin, pilot of the F-35A Demonstration Team, conducts aerial maneuvers during a practice demonstration at Hill Air Force Base, Utah, May 4, 2026. These practice demonstrations maintain the skills required to execute precise maneuvers at airshows worldwide. (U.S. Air Force photo by Staff Sgt. Nicholas Rupiper) U.S. Air Force Maj. Sean “Rambo” Loughlin, pilot of the F-35A Demonstration Team, conducts aerial maneuvers during a practice demonstration at Hill Air Force Base, Utah, May 4, 2026. These practice demonstrations maintain the skills required to execute precise maneuvers at airshows worldwide. (U.S. Air Force photo by Staff Sgt. Nicholas Rupiper)

The Treaty

The IRGC threatened to halt all regional oil and gas exports — 'either for everyone or for no one' — as CENTCOM struck Iran's...

Dollars and Sense

US Army Artillery Test

Dollars and Sense

A European intelligence report seen by Reuters warns Russia faces an 'explosive' banking crisis that one ambitious sanctions package could trigger — as the...

President Donald Trump participates in a working lunch meeting with Japanese Prime Minister Sanae Takaichi, Tuesday, October 28, 2025, at Akasaka Palace in Tokyo, Japan. (Official White House Photo by Daniel Torok) President Donald Trump participates in a working lunch meeting with Japanese Prime Minister Sanae Takaichi, Tuesday, October 28, 2025, at Akasaka Palace in Tokyo, Japan. (Official White House Photo by Daniel Torok)

Dollars and Sense

Commercial transits through the Strait of Hormuz have fallen to near-zero since fighting resumed — from roughly 140 ships daily before the war to...

F-15E Strike Eagle USAF F-15E Strike Eagle USAF

Dollars and Sense

Is it time to tax oil windfalls?: The year’s numerous oil price spikes, mostly related to the stop-and-start war in Iran, have put a...

North Korea Talk

North Korean ICBM

North Korea Talk

North Korea stalled, negotiated, and built the bomb anyway — and its 2022 doctrine orders everything launched if its leaders are ever struck. Kim...

HWASONG-18 ICBM North Korea (1) HWASONG-18 ICBM North Korea (1)

North Korea Talk

The recent North Korea–China summit highlights Beijing’s increasing concern over Moscow’s growing influence in Pyongyang. Since the Ukraine war began, Russia and North Korea...

North Korea Frigate from KCNA North Korea Frigate from KCNA

North Korea Talk

Manila, Philippines – On the occasion of his visit to Pyongyang, Chinese Communist Party (CCP) General Secretary Xi Jinping has received one of the...