News Snapshot:
Conflict in Israel-Palestine throws American relations with its Middle Eastern partners into chaos. Oil price rises strengthen the hand of petroleum-producing states, and offer the prospect of a realignment away from the central powers of the United States, Europe and Russia. The West is in retreat, trying to manage a situation in which they are suddenly no longer in control of world events. The year is not 2023 but 50 years ago, 1973, at the outbreak of the Yom Kippur War, which leads Arab oil-producing states to embargo shipments to the US and other supporters of Israel. The anniversary is...
