
“Europe Does Not Decide This War, But It Pays the Price Again”—Professor Alexandre Muns
The former adviser to the World Bank and the IDB believes the crisis will normalize within weeks, but will leave Europe weaker and more dependent.

The former adviser to the World Bank and the IDB believes the crisis will normalize within weeks, but will leave Europe weaker and more dependent.

The speech on Iran accelerates the energy shock and leaves Washington increasingly isolated from its own allies.

Brussels avoids speaking about it openly but the ghost of the 2020 COVID-19 crisis is beginning to reappear in the corridors of the EU.

Trump’s Wednesday night speech did not add any new substantial information and the idea of putting American troops on the ground in Iran was not mentioned.

Without support from either American voters or NATO allies, the U.S. president is still expected to claim the purpose of the Iran war—however vaguely stated—has been achieved.

The United States is right to demand more capable allies. What it cannot demand is that greater capability should mean automatic obedience.

“The more you can do to save oil, especially diesel, especially jet fuel, the better we are off,” Dan Jørgensen said.

The attack by Yemeni rebels open a new front in the conflict, raising fears of wider regional escalation and threats to global shipping routes.

Regional powers push for de-escalation as Tehran dismisses Washington’s offer and tensions continue to rise across the Middle East.

“There can be no justification for the deliberate targeting of civilians in situations of armed conflict,” the joint statement said.