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Energy The Iran war has turned the world’s shipping straits into a chessboard—and the U.S. aims to box out China from the Panama Canal to the Malacca Strait by Jordan Blum As the war over the Strait of Hormuz wages on, the U.S. is quietly gaining more influence over the Panama Canal and the straits of Malacca and Gibraltar. Read more

More from Fortune Big Tech Tim Cook’s advice to Apple’s next CEO: The most important decision he’ll make is ‘where he spends his time’ by Alexei Oreskovic Economy By staying on the Fed's board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor by Jason Ma

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