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      <title>The Cancellation Clause That Closed a Strait</title>
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      <description>How Lloyd&amp;#39;s 72-hour war-risk withdrawal handed Iran a $2 million per-tanker toll at Hormuz — and European ports started requiring proof of payment</description>
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      <title>Iran Built a Velvet Rope Around 21% of Global Oil</title>
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      <pubDate>Sat, 28 Mar 2026 00:00:00 +0000</pubDate>
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      <description>Flag-state discrimination converts Hormuz from a commons to a permission gate — and the IRGC is collecting the toll</description>
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      <title>We&#39;re Bolting Dummy Weights Into Our Most Advanced Fighters</title>
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      <pubDate>Thu, 26 Mar 2026 00:00:00 +0000</pubDate>
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      <description>F-35 Lot 17 delivered without radars. 11,000 munitions burned in 16 days. The US defence industrial base is failing at quality and surge simultaneously.</description>
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      <title>Hungary&#39;s €430-Per-Tonne Election Strategy</title>
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      <pubDate>Sun, 22 Mar 2026 00:00:00 +0000</pubDate>
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      <description>Hormuz → EU gas storage at 28.9% → fertilizer costs surge → Hungary&amp;#39;s electoral cycle turns supply shock into sanctions defection vector</description>
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      <title>The Pentagon Has 60 Days of Rare Earths Left</title>
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      <description>PLA purges narrow China&amp;#39;s coercive toolkit — leaving rare earth export controls as the one weapon that requires no command chain integrity</description>
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      <title>The Gas That Thinks</title>
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      <pubDate>Thu, 19 Mar 2026 00:00:00 +0000</pubDate>
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      <description>Hormuz closes, Qatar&amp;#39;s helium halts, the Federal Reserve depletes — and AI scaling hits a ceiling made of noble gas</description>
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