CatalystCommodities
Trump Says Iran 'Making Up Fake' Attacks In Hormuz To Drive Up Price Of Oil
Trump claims Iran fabricates Hormuz attacks to inflate oil prices.
Context
What happened: The US and Israeli militaries have drawn up plans for renewed strikes on Iran after the November 3 midterm elections, per NYT reporting citing American officials.
Why it matters: The NYT noted reasons for skepticism that a renewed war would succeed more than the February to April strikes, which drove up energy prices and inflation, eroded Middle East security and strained Pentagon interceptor supplies. Iran's Gen. Mohsen Rezaei said Iran retains missile and drone capability and would have a broader plan.
Coverage: 3 outlets in 24h
What changed
The US and Israeli militaries have drawn up plans for renewed strikes on Iran after the November 3 midterm elections, per NYT reporting citing American officials.
Why it matters
The NYT noted reasons for skepticism that a renewed war would succeed more than the February to April strikes, which drove up energy prices and inflation, eroded Middle East security and strained Pentagon interceptor supplies. Iran's Gen. Mohsen Rezaei said Iran retains missile and drone capability and would have a broader plan.