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​The Guinea-flagged oil tanker MT Bandra, which is under sanctions, at El Palito terminal, near Puerto Cabello, Venezuela, on December 29, 2025.
Analysis

Geopolitical uncertainty? Oil markets no longer care

There have been several geopolitical shocks this year, yet none have stopped oil prices from plunging, showing how oil markets have become more risk tolerant.

​Syrian President Ahmed al-Sharaa celebrates the one-year anniversary of the fall of the Assad regime in Umayyad Square in central Damascus, on Dec. 8, 2025.
Analysis

A year after Assad’s fall, can Syria hold together?

A year ago this month, Syria’s brutal dictatorship collapsed. There are signs of recovery, but sectarian violence threatens to undermine the optimism.