The ongoing Israel-Iran hostilities risk disrupting global oil markets and reigniting inflation. But the United States and its allies should not hesitate to release strategic reserves if this conflict threatens to spike oil prices. The US Strategic Petroleum Reserve (SPR) of crude oil is currently well-stocked for domestic needs. After accounting for fifty-two-week averages of
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ORIGINAL SOURCE On February 24, a New Atlanticist article by Markus Garlauskas, GEC senior fellow Joseph Webster, and Emma Verges, titled, “China’s support for Russia has been hindering Ukraine’s counteroffensive,” was quoted in a Diplomat piece on China’s economic and material support to Russia’s war effort in Ukraine. Staff Markus Garlauskas Director Indo-Pacific Security Initiative
Last month, Russian President Vladimir Putin visited Beijing to meet with his Chinese counterpart, Xi Jinping, as Ukraine’s counteroffensive against Russian invaders stalled. Commentators have frequently pointed the finger at Ukraine’s military or its Western supporters for insufficient armaments deliveries to Ukraine. But it is important to acknowledge another vital factor behind Ukraine’s struggle to regain its land—the People’s
It was easier to approach Moscow in June than to leave it in August. Wagner Group mercenary leader Yevgeniy Prigozhin, who staged a short-lived mutiny against the Russian military two months ago, was reportedly killed in a plane crash along with nine other passengers on Wednesday while traveling from Moscow to St. Petersburg, according to
Russia’s full-scale invasion of Ukraine has launched many useful comparisons about how Ukraine’s efforts to survive and repel Russian forces might be applicable to Taiwan’s defense against a potential attack by the People’s Republic of China (PRC). Taiwan and its partners, for example, could directly apply a number of military and economic statecraft lessons against
It’s the conventional wisdom in Washington and in most European capitals: China is only providing limited support to Russia’s invasion of Ukraine. In Beijing, meanwhile, officials attempt to portray neutrality, emphasizing that the People’s Republic of China (PRC) is not providing weapons to Russia. As PRC leader Xi Jinping told Ukrainian President Volodymyr Zelenskyy in a recent call,
