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European and American stock markets plummeted across the board! Major news from the Strait of Hormuz! Trump is considering a risky move to occupy Halki Island.
As expected, the late-day plunge has a reason. On Friday evening, negative news started to emerge.
On the evening of March 20th, the European and American stock markets suddenly plummeted.
International oil prices have started to rise again!
There are reports that the Trump administration is considering plans to occupy or blockade Iran’s Halek Island to pressure Iran into reopening the Strait of Hormuz.
However, the operation to occupy Halek Island—about 15 miles off the coast and responsible for 90% of Iran’s oil exports—could expose U.S. forces to direct fire threats.
Therefore, such actions would only be initiated after the U.S. further weakens Iran’s military capabilities around the Strait of Hormuz.
A source familiar with the White House’s thinking said, “We need about a month to further weaken Iran through strikes, then take control of the island, fully dominate it, and use it for negotiations.”
“If the operation is approved, more troops will need to be deployed. Three Marine units are heading to the area,” said a U.S. official. “The White House and Pentagon are also considering sending more troops as soon as possible.”
A senior government official stated, “He (Trump) wants the Strait of Hormuz to remain open. If taking Halek Island is necessary to achieve that, then it will be done. If he decides on a coastal invasion, that will happen too. But no decision has been made yet.”
(Source: China Fund Report)