World
Iran Strikes Qatar's LNG Hub, Knocking Out 17% of Exports
A single missile at the world's largest LNG facility damaged infrastructure that could take 3-5 years to repair. Qatar expelled Iranian diplomats within hours.
Morgan Wells·
Oil Prices
Money
The World Just Released 400 Million Barrels of Oil. Prices Kept Climbing.
The IEA's largest-ever emergency release can't contain crude at $100 a barrel. The Strait of Hormuz bottleneck explains why.
Morgan Wells·
World
Three Ships Hit in the Strait of Hormuz. The Economic War Just Went Global.
Iran's attacks on commercial shipping in the world's most important oil chokepoint mark a dangerous escalation that threatens energy prices, global trade, and the broader economy.
Morgan Wells·