Israel readied for Iran strike, awaits US green light

Get the Geopolitics newsletter
Daily geopolitics — wars, elections, sanctions, the diplomatic moves that move markets. Free.
- Israel's Defence Minister Israel Katz says the IDF has marked targets and is ready to resume war against Iran, pending a US green light.
- Trump claims Iran is divided and asserts the United States has "total control" of the Strait of Hormuz, which moves roughly 20% of global oil.
- Iran seized two cargo vessels, MSC Francesca and Epaminondas, in the Strait of Hormuz, citing unauthorized passage.
- Netanyahu is set to convene top security officials to review the Iran situation, indicating potential escalation.
- Katz warned that any future Israeli strike would target Iran's energy infrastructure and economic foundations, promising "devastating blows."
Why it matters: India’s exporters lose shipments as Iran blocks the Hormuz Strait, which moves roughly 20% of world oil, while Israel gains a pre‑emptive strike option that could spur global oil price spikes and higher insurance costs.
Ask SkimNews



