It is now widely accepted that the surge in American troops helped dramatically improve security in Iraq in the last year. But there has been less notice of, or comment on, how the surge has improved the Iraqi oil sector,…

It has been widely reported since Super Tuesday that John McCain has effectively sewn up the Republican nomination for president but must still convince enough American conservatives that he stands as heir to Ronald Reagan. This poses an obstacle to…

November 2 marks the 90th anniversary of the Balfour Declaration, when British foreign secretary Arthur Balfour committed the British Empire to establish a Jewish homeland in Palestine. This pivotal event led 31 years later to the establishment of the State…

On March 27, 2003, Paul Wolfowitz, then deputy secretary of defense, predicted that Iraq’s oil revenue would “finance” its reconstruction and do so “relatively soon.” With wise investment and management, Wolfowitz might have been right. Even though its oil sector…