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Trump Says Iran 'Making Up Fake' Attacks In Hormuz To Drive Up Price Of Oil
President Trump claims Iran is staging incidents to inflate oil prices and insists the US naval escort mission is successful. He also reiterates the highly questionable figure of 75,000 protesters killed in Iran and vows Iran will not obtain nuclear weapons. Benjamin Netanyahu also expressed concerns about Iran's nuclear ambitions and desires regime change.Fresh reports indicate the US and Israel have developed detailed plans for a short, intensive military operation against Iran, likely after the November midterm elections. This potential campaign is described as a three-day operation, although past war timelines have proven unreliable. Increased aerial activity over Iraq and Syria suggests practice maneuvers for these strikes.Despite the planning, skepticism remains about the potential success of renewed strikes, as previous actions led to global energy price hikes, regional instability, and strained Pentagon supplies. The effectiveness of such actions remains unclear. Iran, meanwhile, signals readiness for a prolonged conflict, asserting its continued missile and drone production capabilities.General Mohsen Rezaei of Iran's Supreme National Security Council stated Iran can continue operations and highlighted potential vulnerabilities of US assets in the region. He warned any action against Iran carries a cost, preferring diplomacy but prepared for further conflict.Recent developments include the depletion of Iran's floating oil storage due to a US naval blockade and the evacuation of diplomats from Saudi Arabia due to Houthi threats. Aramco has advised staff to work remotely following attacks. Iran's IRGC has threatened US bases if escort missions continue in the Strait of Hormuz. Saudi Arabia is exploring access to foreign strategic oil storage to enhance supply resilience.