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Strait Of Hormuz

Military warships in formation on open water near the Persian Gulf

Trump Calls NATO 'Cowards': The Hormuz Standoff Is Fracturing the Western Alliance

NATO allies refuse to send warships to the Strait of Hormuz after Trump's demand, with European leaders calling the Iran conflict 'not our war' in the sharpest transatlantic split in decades.

Morgan Wells·March 20, 2026 at 6:29 PM

Oil storage tanks at a strategic petroleum reserve facility with tankers in the background

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·March 12, 2026

Cargo ship with smoke billowing from it in the Strait of Hormuz waterway

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·March 11, 2026

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