Trump: Will collaborate with multiple countries to dispatch naval vessels to ensure the smooth flow of the Strait of Hormuz.
① U.S. President Trump stated that many countries will send warships to cooperate with the United States in ensuring the smooth flow of shipping through the Strait of Hormuz, without specifying which countries would participate; ② Iranian Foreign Minister Araghchi responded by stating that the Strait of Hormuz is closed only to vessels and oil tankers related to the United States and Israel.
Express News | The Turkish Minister of Transport confirmed that a Turkish vessel has been granted passage through the Strait of Hormuz.
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Trump's calculus in bombing Kharg Island: Will oil prices soar to $200 next week, creating a window for price suppression before the midterm elections?
Jim Bianco, a senior macro strategist on Wall Street, speculated that the U.S. side assessed that reopening the Strait of Hormuz through conventional military means could take weeks or even months, during which oil prices might soar to $200, causing devastating damage to the global economy. Therefore, it would rather allow oil prices to spike earlier, leaving a six-month window for a pullback before the midterm elections.