War Abroad and Authoritarianism at Home

G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade Update (1055ET): G-7 finance ministers used headlines in Asia, including calls for a meeting to discuss an SPR release, as a purely performative attempt to calm chaotic energy markets. Now that the emergency meeting is over, the group of leaders failed to agree on releasing crude supplies. Those headlines briefly hit Brent down from around $119/bbl to near $100, but once again, it appears to have been little more than a circus act as world leaders stare directly...

The White House is expected to ask Congress for an extra $50 billion in military spending to replenish stockpiles of weapons used in the Iran war and other recent Middle East conflicts, Reuters has reported. Sources told Reuters that Deputy Secretary of War Steve Feinberg has been leading the Pentagon effort to draft a supplemental […]

US and Israeli airstrikes have pounded civilian targets across Iran since the war began on February 28, damaging more than 19,734 civilian units, according to the Iranian Red Crescent Society (IRCS). The ICRS said the figure includes 16,191 residential units, 3,384 commercial units, 77 pharmaceutical and medical centers, and at least 69 schools. The Human […]