Israel’s military success against Iran undermines one incentive for Saudi normalization and raises concerns about its growing power.

Asia’s dependence on Middle East oil and gas — and its relatively slow shift to clean energy — make it vulnerable to disruptions in shipments through the Strait of Hormuz, a strategic weakness highlighted by the war between Israel and Iran.

But that is what happened in the middle of the night on June 23rd, the 12th day of a war between Israel and Iran. Donald Trump announced the end of the war on social media (where else?), saying that the combatants had begged him to make peace.