Global oil buffer thin if Hormuz closes again: analysts
Published 1 d ago3 sourcesEvidence: Unknown
Military expert Elias Hanna warns that renewed US strikes on Iran could provoke Iranian retaliation against regional energy facilities, amid a US military buildup and heightened tensions around the Strait of Hormuz. The situation remains fluid, with no confirmed strikes or Iranian response yet, but the risk of conflict disrupting oil flows is rising.
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US and Israeli officials are reportedly finalizing plans for renewed military strikes against Iran, potentially targeting nuclear and oil facilities post-US midterm elections. Iran has threatened retaliation against US-linked data centers, energy installations, and Gulf submarine cables, while also disrupting oil tankers in the Strait of Hormuz. Confidence in the imminence of strikes is medium, with specific timing and scope remaining uncertain.
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