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NATO members aren’t regularly buying weapons together, limiting how quickly and cheaply they can build up stockpiles, a senior alliance official said.Tarja Jaakola, NATO’s assistant secretary general for defense industry, innovation, and armaments, said that allies can acquire weaponry most cost-effectively by jointly purchasing it.Having multiple countries trying to independently develop…
Iran’s blockade of the Strait of Hormuz, through which a quarter of global seaborne oil and a fifth of global liquefied natural gas is shipped, has had sweeping implications worldwide.Rising gas prices amid the Iran war have sparked panic-buying lines and shortages at gas pumps. Other supply chains, such as fertilizer and seafood,…







