Dollars and Sense Iran Just Fired on a Cargo Ship Near Oman — Hours After Warning Vessels Not to Use the New UN-Backed Route Iran fired on a cargo ship off Oman on Thursday — hours after warning vessels not to use a new UN-backed route through the... Jack BuckbyJune 25, 2026
Military Hardware: Tanks, Bombers, Submarines and More Oil Is Flowing Through the Strait of Hormuz Again — but Iran’s Mines Are Still in the Water and Hundreds of Ships Are Stuck Oil is moving through the Strait of Hormuz again — Trump touts a record 19 million barrels in a day, and prices have fallen... Steve BalestrieriJune 25, 2026
Dollars and Sense America Had the Bigger Military and Still Lost the Oil War to Iran. Here’s the One Thing Aircraft Carriers Couldn’t Fix Most accounts credit U.S. firepower or Iranian resilience for ending the war. This analysis argues the real story was oil — and the outcome... Andrew LathamJune 25, 2026
The Treaty Rubio Says Iran’s Iraqi Militias Must Stop Before the Region Can Find Peace Speaking in the UAE, Secretary of State Marco Rubio warned there can be no end to the region's conflicts while Iranian-backed militias launch attacks... Seth FrantzmanJune 24, 2026
Dollars and Sense Trump Says There Are ‘No Tolls’ in the Strait of Hormuz. Iran Keeps Talking About ‘Service Fees.’ Both Can’t Be Right Trump says there are "no tolls, no insurance costs, and no other charges" in the Strait of Hormuz — and threatens to end talks... Jack BuckbyJune 24, 2026
Military Hardware: Tanks, Bombers, Submarines and More In 2004, the U.S. Army Bet $160 Billion on a Drone-Powered Future. As a RAND Analyst, I Told Them It Would Never Work In 2004, the U.S. Army bet $160 billion on the Future Combat System — a fleet of networked, drone-powered vehicles meant to replace the... Brent M. EastwoodJune 24, 2026
Military Hardware: Tanks, Bombers, Submarines and More The Iran Deal Explicitly Bans Threats of Force. Trump Just Made Another One — and It Could Blow Up the Talks The Iran deal Trump signed explicitly bans both sides from threatening force. On Tuesday, he made another implied threat anyway — "I'll do what... Jack BuckbyJune 24, 2026
Military Hardware: Tanks, Bombers, Submarines and More America’s Emergency Oil Reserve Just Hit Its Lowest Level Since 1983 — and Trump Says It Was Four Weeks From Empty America's Strategic Petroleum Reserve has fallen to its lowest level since 1983 — and Trump says that without an Iran deal, it would have... Steve BalestrieriJune 24, 2026
Dollars and Sense 11,000 Sailors Have Been Trapped in the Persian Gulf for Months Thanks to the Iran War. They’re Finally Coming Home As many as 11,000 seafarers have been trapped in the Persian Gulf for months, stranded by the conflict. Now they're finally being evacuated —... Jack BuckbyJune 23, 2026