The Israeli military is on standby and ready to launch strikes on Iran ahead of US President Trump’s deadline for Iran to reopen the Strait of Hormuz, an Israeli security source tells CNN.
- The Israeli security source said plans have been prepared for a combined US-Israeli operation with full military coordination pending a green light from Trump.
- A separate Israeli source familiar with preparations for a contingency scenario if US diplomacy fails told CNN that the main targets are Iran’s national infrastructure, specifically targets that were set aside in advance for the end of the campaign.
- Israel will focus on energy and electricity facilities while the US focuses on oil targets.
Context
The situation indicates an escalation in tensions as Israel prepares military operations against Iran, contingent on US support. This could significantly impact global markets, particularly in energy, as potential strikes on Iranian infrastructure may disrupt supply and elevate prices, influencing commodities and related currencies. Traders should closely monitor the developments for implications on risk sentiment and possible safe-haven flows.
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