In Focus
The Art of the Non-Deal: Mishandling Negotiations Without Re-escalation
Deescalation in the Iran war happened as the US administration sensed that continuation carried too much economic cost, as a result of the energy crisis.…
Partial Normalization in Energy Markets After Iran War Deescalation
Energy markets are unlikely to fully return to prewar standards once a deescalation process starts. The conflict has introduced lasting costs. In particular, Iran’s role…
The West’s Gorbachev
The Iran war points to a strategic vacuum extending well beyond military affairs. It reflects a broader failure to align actions with long-term objectives—a pattern…
EU Breakup Risk and Productive Resilience
The U.S. administration criticizes the European Union for failings that often have real basis. However, the EU’s economic subordination to the United States and the…
AI Bubble and Military Bottleneck: A Systemic Crisis
The financial bets on the revolutionary promises of generative AI have soared to dizzying heights. Circular funding among industry giants is proliferating, while structural limitations…
Confronting Europe’s Vassalization: Resistance or Rhetoric
The level of subordination revealed by the agreement between Ursula von der Leyen and Donald Trump has sparked awareness of the European Union’s economic, technological,…
In the Media
Industrial Disruptions and Geopolitical Shift
On France 24, I discussed the deep industrial impact of the Iran war and the shift in political bargaining:– Economic forecasts tend to account poorly…
Energy Markets Will Remain Shaped by Iran’s New Status Quo
Op-ed in Les Echos, 11 April, 2026. Iran’s control over the Strait of Hormuz is upending global energy markets. Prices remain under pressure, and geopolitical…
Iran to Control Reopening of Strait of Hormuz
I was interviewed by France 24 about the energy crisis and the challenges of reopening the Strait of Hormuz amid the military stalemate. English transcript…
Iran Quagmire: Tackling the Long-Term Costs
Donald Trump is looking for an off-ramp from the Iran war quagmire. While threatening major escalation that would make parts of the region uninhabitable, he…
Beyond the Iran Fiasco, an Abysmal Strategic Vacuum
Op-ed published by Les Echos on 24 March 2026. As Donald Trump seeks a way out of the Iranian quagmire—to suspend hostilities without any real…
Why Gold Loses Its Appeal Amid the Iran War
I answered questions from journalist Nils Adler on gold’s steadiness despite the Iran quagmire. In addition to quotes on Al Jazeera’s website, here is my…