US crude oil exports to Asia are set to hit multi-year lows after the Iran war disrupted global shipping and pushed the cost to lease a tanker for the Pacific journey to a record of almost $80 million.

When the house is burning, the arsonists are the first to explain that the smoke was part of the design: as Ukraine and the Middle East rewrite failure into master plan, the real geopolitical trick is not winning but controlling the narrative — and who gets left with the bill. Seems now is the time […]