As the war in West Asia grinds into its tenth week, Washington has rejected Tehran’s off-ramp. The Trump administration appears ready to prolong the conflict, even as legal questions mount at home. On the other hand, divisions in Iran’s leadership have sharpened over the nuclear path forward. Meanwhile, the UAE’s exit from OPEC sheds light on strained relations with Riyadh and Abu Dhabi’s economic ambitions. The move could reshape alliances and markets, and, once trade resumes, push prices downward. The standoff between the US and Iran in the Strait of Hormuz continues as the war enters its tenth week. The conflict has yet again exposed faultlines in global alliances and the domestic political landscape – both in the US and Iran. Trump rejects Iran’s peace proposal US President Trump signalled his eagerness to continue the military operation even as Iran proposed an off-ramp.…