politics
February 20, 2026
Trump says he's considering limited military strike against Iran
The oil market's biggest fear is that a conflict between the U.S. and Iran could lead to a prolonged disruption of oil flows through the Strait of Hormuz.
TL;DR
- President Trump is considering limited military strikes against Iran over its nuclear program.
- A decision on potential strikes is expected within 10 to 15 days.
- U.S. military assets, including two aircraft carriers, are being deployed to the Middle East.
- Oil prices have risen this week on concerns about potential conflict.
- The Strait of Hormuz is a critical chokepoint for global oil trade, with a third of worldwide seaborne oil exports passing through it.
- China, India, Japan, and South Korea are major recipients of oil passing through the Strait of Hormuz.
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