Skip to content
Monday, 14 September 2026 · LondonENع
Rayan Azhari.Sustainability · Energy · Carbon · Built EnvironmentOccasional detours into philosophy, religion or programming, wherever curiosity leads
The Front Page
Lead Essay

Diesel at 175: What Syria's Fuel Price Rise Shows, and What It Does Not

On 13 September 2026 diesel in Syria went from 125 to 175 new pounds a litre, and by Sunday afternoon roads were closed in four governorates. This piece sets out what the record establishes about that price and what it does not: a pricing committee with a list of factors and no formula, a world price the ministry cited but did not show, a stated need of 300,000 barrels a day of which a fifth is itemised, two import shares from one ministry on one day, and a population with nothing between it and the price. Five charts, every figure with its publisher, unit and date.

By Rayan Azhari · Essays
Latest Essays

Walk Forward Optimization Is Not Automatically Out of Sample

Everyone sells walk-forward validation as proof a strategy is out-of-sample. It is not. I ran my own walk-forward pipeline on pure random-walk noise and it still produced a healthy positive stitched Sharpe, because out-of-sample is a property of provenance, not partitioning. Here is the random-walk control that tells you whether your pipeline, or your edge, produced the number.

· 9 min

Article 12: The Hybrid-Work Footprint: What COVID-19 Did to Office Energy

A series mining the PhD thesis on London and UK office buildings (Azhari, 2025). Key takeaway. Hybrid work did not deliver the linear energy saving the headlines implied: some demand shrinks when occupancy drops, base-building load holds steady, and fresh-air ventilation actually grows.

· 8 min

Look-Ahead Bias in a Backtest: The Corrupt-the-Future Test That Catches It

Look-ahead bias is the default state of careless backtest code, not an exotic edge case, and it survives review because it reads as ordinary pandas. Here is the corrupt-the-future causality test I now gate on: poison every price after a date, then assert nothing computed before it moves. If the past shifts when you poison the future, the strategy is reading ahead.

· 9 min

Better Than Assad Is the Minimum, Not the Dream

One argument recurs constantly in Syrian conversation today, and it is true in much of what it claims: "there are problems, but things are better than they were under Assad". The problem begins the moment it stops describing reality and starts answering every question. This piece separates the question of how far we have come from the question of where we are going, distinguishes rights that need capacity from rights that need only a decision, and sets out a floor of demands that needs no budget and no ten years.

Essays in your inbox

New writing on Syria, sustainability and finance, a few times a month.

Unsubscribe anytime. Read by 4,200+ professionals.