One of the strangest features of this moment is that markets, analysts, and corporate forecasts are still trying to maintain a resilience narrative even as the geopolitical shock keeps deepening. Oil has surged, shipping risk remains elevated, and the conflict backdrop is ugly enough to justify much darker assumptions. Yet parts of the market continue behaving as if the pain … [Read more...] about Markets Keep Betting on Resilience Even as the Shock Deepens
oil
Primorsk and the Expanding Logic of Energy Infrastructure Warfare
The damage to an oil pipeline at Russia’s Baltic port of Primorsk fits into a larger pattern that is becoming harder to ignore. Energy infrastructure is no longer treated merely as economic plumbing. It is being targeted, defended, insured, and narrated as strategic terrain. Ports, pipelines, export terminals, refineries, storage sites, and shipping routes now sit inside the … [Read more...] about Primorsk and the Expanding Logic of Energy Infrastructure Warfare