The US Army last month introduced its first new lethal hand grenade since the Vietnam War, a plastic weapon that uses shock waves rather than shrapnel to kill enemies. The new grenade, called the M111 ...

Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis. Tehran’s near shuttering of the Strait of Hormuz, through which roughly 20 ...

The outcome of the Iran war remains unclear, but the resulting oil shock has revealed a novel vulnerability in the global economy. Never has the world entered a crisis of any kind with such high ...

Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on markets, ...

Global food prices hit their highest levels on record after the 1970s energy crisis, triggered by conflict in the Middle East, once inflation is corrected for. Could we be headed for a new record – ...