Explainers

Explainers
Systems & Concepts

What War Risk Insurance Actually Does to Shipping, and Why It Makes Everything More Expensive

According to Lloyd's List and the Lloyd's Market Association, war risk insurance premiums for ships transiting the Strait of Hormuz have surged dramatically.

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Who’s Who

Who’s Who in the Iran Conflict: The Key Players Behind the War

A guide to the individuals and organisations driving the conflict, from the Oval Office and the Knesset to Tehran's revolutionary institutions, the Gulf.

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Systems & Concepts

Iran’s Nuclear Programme: What It Actually Is and What the World Was Arguing About

For years, headlines have carried the same words: enrichment, centrifuges, breakout time, the IAEA, the deal. Most readers have never had those words.

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Systems & Concepts

What Is the Strait of Hormuz and Why Does It Matter to Every Economy on Earth?

A 34-kilometre passage between Iran and Oman carries one-fifth of the world’s oil and a fifth of its traded natural gas. This is.

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Explainers

Iran War Targets Energy and Power Plants as Strait of Hormuz Crisis Deepens

Trump ultimatum raises fears of attacks on energy infrastructure, water facilities, and global oil routes Tensions in the Iran war have escalated sharply.

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Conflict Explainers

Why Is the United States at War With Iran?

A conflict decades in the making came to a head on February 28, 2026, when US and Israeli forces launched a joint military.

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