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The U.S. brings superior size to economic warfare, but China and Iran have fought back through control of critical economic assets.

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Omar García Harfuch, the square-jawed face of the anti-cartel campaign, has inspired a booming market for merch and shirtless fan art.

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The U.S. sent two destroyers through the Strait of Hormuz for the first time in the war, triggering a tense confrontation while high-level American negotiators were preparing to meet with Iranian counterparts in Pakistan.

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The U.S. and Israel have made operational advances, but a real victory will require much more.

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Asian equities rose and oil prices were relatively stable early Friday, as the U.S. raced to keep Israel’s war in Lebanon from jeopardizing the fragile cease-fire and derailing talks with Iran this weekend.

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Oil-producing countries in the Persian Gulf may have little choice but to absorb a possible Iranian toll on the strategic waterway in the long term, economists say.

This post was originally published here.