Commentary / World Nov 11, 2014

China flexes its Silk Road muscle

Just as access to American markets and capital was once a key component of U.S. diplomacy, China is now employing its financial and trade muscle to win influence. It's "New Silk Road" maritime and land belts have become the centerpiece of its economic diplomacy.

Commentary / World Oct 17, 2014

Oil market is proving mightier than OPEC

The only sensible oil-pricing strategy for Saudi Arabia and OPEC — in light of U.S. shale output — is to focus on market share and allow prices to decline to the point at which they slow the growth in non-OPEC output and lessen the ...

Commentary / World Oct 14, 2014

Saudi Arabia's oil enigma

Saudi Arabia is sometimes likened to a central bank managing the global oil market, adding or withdrawing supplies to control prices. But that vastly overstates the degree of influence, let alone control, that the kingdom exercises over the market.

Commentary / World Sep 26, 2014

China's navy seeks security in Strait of Hormuz

Bandar Abbas, home of Iran's navy and the main port in the strategically important Strait of Hormuz, hosts two Chinese naval vessels on a five-day goodwill visit, underscoring the increasingly warm relationship between the two countries.

Commentary / World Sep 2, 2014

Joint resource development in South China Sea

Shared development of oil, gas and possibly other natural resources is the most promising option for reducing tensions in the South China Sea and should be the focus of efforts to improve diplomatic relations between China and its coastal neighbors.

Commentary / World Aug 4, 2014

Natural gas is only as 'clean' as its handling

Shifting to natural gas is at the heart of the U.S. government's proposed new rules for power plant emissions. But gas is only more environmentally friendly if it is produced, transported and burned carefully — without too much leaking into the atmosphere.

Commentary / World Jul 21, 2014

Overuse weakens sanctions

As the U.S. becomes more cautious about military intervention, financial sanctions are being seen as an increasingly attractive alternative in the pursuit of national security and foreign policy goals. But their overuse could spur a major effort to reroute financial transactions away from the ...