Money versus Monetary Policy

The Trump administration is close to launching a major attack on Iran as it continues a massive buildup of military forces in the Middle East, according to a report from Axios reporter Barak Ravid. Sources told Ravid that the potential US attack on Iran would likely be a massive multi-week operation, much bigger than the […]

UAE Pushes For Hormuz Security Force, While Turkey Argues Against Gulf Entry Into War It's one of those things that sounds nice on paper, but when missiles and drones are inbound, no one is going to want to be on a military ship sitting in the middle of the Strait of Hormuz: the United Arab Emirates, which has been among the hardest-impacted Gulf states in Iran's ongoing retaliation, is pressing for a multinational maritime ​taskforce to reopen vital oil transit waterway, the Financial Times reports ‌Friday. The UAE, with a navy that's not...

Sen. Lindsey Graham (R-SC) on Sunday called for the US to capture Iran’s Kharg Island, where most of the country’s oil exports pass, comparing the potential operation to the Battle of Iwo Jima in World War II. “Here’s what I’d tell President Trump: Keep it up for a few more weeks, take Kharg Island … […]