Commercial systems react independently to risk. Those reactions can nevertheless reshape the battlespace in ways that subsequently influence military decisions.

Saudi Arabia built the East-West Pipeline precisely so its crude would not be hostage to Hormuz. The attack on that pipeline, combined with Houthi advances toward Bab el-Mandeb, demonstrates the next stage of the contest: the battle is migrating from the chokepoint to the network designed to bypass the chokepoint.

Reflections on the Eternal 9/11 Every September 11, America tells itself the same thing: Never Forget. Twenty-five years later, perhaps it is time to ask a more uncomfortable question. Can we ever never forget? More importantly, what exactly are we supposed to remember? The controversy surrounding this year's memorial ceremony in New York has again produced the familiar arguments over solemnity, respect and whether public officials behaved appropriately during the reading of