Trump uses Venezuela as a success story to defend higher military spending

The U.S. president said stronger armed forces have delivered results in Venezuela and other international arenas. He also said Caracas is cooperating with Washington to increase oil production. The Daily Journal. — U.S. President Donald Trump cited the January 3 military operation in Venezuela and the capture of Nicolás Maduro as one of the successes […]

Continue Reading

The Iran War Sends LNG Prices Higher: Everything Points Upward

Julio A. López, Editor-in-Chief .— Liquefied natural gas (LNG) — pipeline gas cooled to -162°C to enable transportation aboard specialized LNG carriers — has become the most sensitive gauge of the global energy crisis. Only three regions produce LNG at industrial scale: the United States, Qatar, and Australia. That concentration explains why any disruption in […]

Continue Reading

Trump Announces Blockade on Iran

Julio A. López, Editor-in-Chief. — President Donald Trump announced Monday that the United States is “reinstating” a blockade on Iranian vessels transiting the Strait of Hormuz and will impose a 20% transit fee based on the value of all cargo passing through the waterway, as the conflict with Iran intensifies following the collapse of peace […]

Continue Reading

Much ado about nothing: Truths and lies behind the supposed Iran-U.S. peace agreement

Óscar Reyes Matute — An axiom my political theory professors always drilled into me is that if you find yourself analyzing a conflict in full swing, you must never trust the statements of heads of state, diplomats, or the warring parties. On the cold chessboard of power, you have to look at what they do, […]

Continue Reading

Breaking news United States – Iran agreement

Óscar Reyes Matute— A senior U.S. official leaked to The NY Times (under anonymity and via telephone) the full text of the agreement to cease hostilities, open the Strait of Hormuz, and initiate nuclear talks. Journalists from the newspaper annotated this Islamabad Memorandum of Understanding, introducing underlying analyses. Memorandum clauses and expert analysis Paragraph 1: […]

Continue Reading

There is no such thing as a peace agreement, for now… (I)

Óscar Reyes Matute— Is there a signed peace agreement—or one pending signature—between Iran and the United States? No. Iran terms it a “memorandum of understanding,” which is slated to be signed on Friday the 19th, if it is signed at all. Only subsequent to that would formal peace “negotiations” commence, subject to a 60-day window. […]

Continue Reading

Administration of the Strait of Hormuz will be a regional matter between Iran and Oman

The Daily Journal — The future administration of the Strait of Hormuz will be addressed as a regional matter through dialogue and joint decision-making between Iran and Oman, Iran’s official news agency IRNA reported on Friday. Earlier in the day, local media outlets disclosed details of a draft agreement between Washington and Tehran that includes […]

Continue Reading

Trump halts military strikes against Iran after reaching an agreement

The Daily Journal — The White House issued an official statement signed by President Donald J. Trump, confirming the cancellation of the airstrikes and tactical bombing operations against Iran that military planners had scheduled for Thursday night. The decision follows a major diplomatic breakthrough with Iran’s highest-ranking leadership. The official presidential statement notes that key […]

Continue Reading