Israel's cyberattack against the Natanz nuclear facility in Iran, maritime attack against the Saviz vessel in the Red Sea, and airstrikes against Iranian-linked assets in Syria all point to a more intense phase of conflict with Iran that coincides wi...

The program risks undermining the key driver attracting local investors into listed equities: very high dividends compared with real interest rates. If capex projects were not considered value-creative before by corporate management, will the combina...

We have written before on the potential inflationary impact on commodity prices, eg the 1.4mbpd of blocked northbound crude transit is 40% larger than the unilateral Saudi output in January which sparked this year's rally in oil prices. Geopolitical ...

The thought of a grounded container ship blocking the northbound lane of the Suez Canal evokes memories of the scene in Austin Powers when he is frantically trying to turn his buggy around in an impossibly tight space, and the picture of a minuscule ...

However, the oil price rally does not herald a new paradigm on which to base an investment strategy over the next one to three years: OPEC+ discipline is fragile (and highly dependent on Saudi), demand recovery post-Covid is likely to be a stuttering...

Those relations have already been reset by the Biden administration's well-flagged intention to resurrect the Iran Nuclear Deal (and its association with the cooling of relations between the US and Saudi Arabia during the Obama-era) and the bipartisa...