Red Sea Shocks and the New More Stable Normal

War on the Rocks – You can’t choke a dead horse. Anyone who has studied geopolitics, particularly in the context of energy, has learned that control over waterways — most notably the Suez Canal — translates into influence, as actors can threaten to disrupt energy supplies. But they also know that leverage is limited: Commerce invariably adjusts to disruptions and markets stabilize around a new normal. The crisis in the Red Sea demonstrates this effect, though in an unexpected way. Months of Houthi attacks on shipping, followed by a significant U.S. and British military response, has done little to move oil prices, while the impact on supply has been negligible. Markets, in effect, shrugged off the Red Sea disruption.

Is Italy Needed in the Indo-Pacific?

War on the Rocks – Amidst Washington’s push for European support in the Indo-Pacific, has Italy proven overly eager to pivot east? Faced with the choice between directly supporting U.S. efforts to counter Beijing in the region or concentrating resources on emerging threats closer to home, Italy, as one of the most active contributors to U.S.- or NATO-led military initiatives, has opted for the former. Without much debate, Italy has expanded its military presence in the Indo-Pacific, initiating significant collaborations with various regional countries, and deploying naval units to the region. As Prime Minister Giorgia Meloni recently announced, this effort will intensify in 2024, when Rome deploys its aircraft carrier strike group to the area.

Taiwan’s Theory of the Fight

War on the Rocks – In crowded field of work by scholars and officials exploring Taiwan’s security, Lee Hsi-ming’s Taiwan’s Plan for Victory: An Asymmetric Strategy of Using the Small to Control the Large (2022) stands out as both a theoretical framework for deterrence and a set of concrete proposals for asymmetric resistance against a People’s Liberation Army invasion. Lee, Taiwan’s chief of the general staff from 2017 to 2019, argues for reorganizing Taiwan’s military in a “paradigm shift” away from expensive “traditional” platforms and instead instituting an “Overall Defence Concept” relying on small, mobile, distributable, and lethal weapons to deter a numerically and materially superior People’s Republic of China. If deterrence fails, “overall defense” also promises the tactics and weapons to survive an initial attack and then, Lee claims, defeat an enemy landing force.