President Donald Trump stated Thursday that he is considering a significant escalation of attacks against Iran, describing potential strikes as "bigger than ever before" and indicating a decision is imminent. The President told Axios, "I am close to making a decision. We are all set for it."
Trump suggested that Iran has not yet experienced enough pressure to engage in meaningful negotiations, despite its expressed desire for a deal. This statement comes as oil prices surpassed $100 per barrel for the first time in two months, following the collapse of a fragile ceasefire between the U.S. and Iran.
The U.S. has conducted strikes against Iran for 12 consecutive nights. In response to the escalating situation, the U.S. military has increased its presence in the region. This includes the deployment of a B-1 bomber, a move not seen since the end of the previous ceasefire, the surge of additional special operations forces, and the dispatch of 150 medics to a military hospital in Germany designated for treating wounded personnel from the Middle East.
Adding to the regional instability, Houthi rebels in Yemen claimed responsibility for two attacks on Saudi tankers in the Red Sea on Wednesday night. These actions pose a potential threat to the global energy supply chain, with analysts warning they could disrupt Saudi Arabia's alternative export route through the Red Sea.
Within the U.S., Republicans, who hold slim majorities in Congress, are reportedly concerned that rising fuel prices coupled with an extended military engagement could become a significant issue for their campaigns in the upcoming midterm elections.