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Monday, August 17, 2026

Trump Threatens to ‘Bomb the Shit’ Out of Oman as Strait of Hormuz Traffic Again Grinds to a Halt

August 17, 2026
Brad Reed
Trump’s warning to Oman over its negotiations with Iran comes as the closure of the Strait of Hormuz is once again putting upward pressure on petroleum prices.

Imperialism in a Full World: Neomercantilism and the Return of the Zero-Sum Game

August 17, 2026
Alberto Garzón
In September 2010, a Chinese fishing vessel was detained by the Japanese Coast Guard near the disputed Senkaku Islands. China’s unofficial response was to halt rare-earth exports to Japan—a country whose entire electronics industry depended on them. The dispute was brief: Japan released the captain, and China never formally acknowledged the embargo. But that episode became a geopolitical watershed, exposing the enormous dependence of the developed world on a single country’s monopoly over the minerals that are indispensable for the energy and digital transitions. Interdependence, once praised as a virtue of globalization, had become a weapon and a vulnerability.1
Dora Weiland (1892-?) from Wietze uses a hand scoop to fill barrels with oil that has run together in pits. By Unknown author - Deutsches Erdölmuseum Wietze (Erdoel Museum), CC BY 2.5, Link.