84% of the crude oil that passes through the Strait of Hormuz is destined for markets in China, India, and South Korea, among other Asian countries. China also buys more than 90% of Iran's oil exports, and around 53% of India's imported oil in early 2025 came from Middle Eastern suppliers. Meanwhile, Europe faces a second large disruption in the energy market over the last decade, after previous complications stemming from the Russian invasion of Ukraine.

Editor's Picks, GlobalHolden RayApril 2, 2026Gas, Gas Prices, Strait of Hormuz, Iran, Iran War, Iran USA, Trump IranComment

The Ethos Guiding Trump’s Foreign Policy in His Second Term

The US has traditionally used its power to emphasize a rules-based, cooperative global order, structured by alliances and institutions. Under Trump, however, that power can be wielded as an extension of his individual will.

Columns, OpinionRobert FanMarch 22, 2026Trump, US foreign policy, Iran, Trump IranComment