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Hormuz Is Still Dangerous, but Some Oil Is Getting Through

Public shipping maps make the Strait of Hormuz look almost deserted, but satellite imagery and specialist maritime tracking reveal a different picture. Saudi tankers are crossing with AIS switched off, Gulf oil is being transferred between ships outside the strait, and millions of barrels are still reaching world markets despite the war, raising questions about Iran’s remaining leverage over Washington.

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In depth

China Can Afford Dearer Oil. Can Its Factories?

China’s export earnings and vast financial reserves provide a cushion against the Middle East energy crisis. But smaller manufacturers face a harder calculation as rising costs meet customers unwilling to pay more, exposing the…

China and Nepal are working across their shattered Himalayan frontier as rescuers search for the missing, monitor unstable lakes and begin the immense task…

The wider report

Trump’s Iran Sanctions Face Their Biggest Obstacle: China

Washington’s attempt to tighten the economic isolation of Iran faces a fundamental obstacle: China, the dominant buyer of Iranian oil. Beijing is warning against expanded US secondary sanctions, raising questions about international law, American…

Britain’s seizure of the Smyrtos, carrying 101,400 tonnes of Russian crude towards India, has exposed the extraordinary machinery behind Moscow’s shadow oil trade. The…

Dispatches

The Age of Machine Discovery Has Begun

AI is crossing a consequential threshold. From solving open mathematical problems to generating scientific hypotheses, conducting experiments and searching for cyber vulnerabilities, machines are beginning to explore the unknown rather than merely reproduce existing…

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