2026-02-10 21:03:00
There are reports of a massive US military build up in the Middle East and now this:
The WSJ reports that the White House is considering rolling out the Venezuela playbook on Iran. US officials have discussed whether to seize additional tankers involved in transporting Iranian oil to pressure Tehran but have held off so far, according to unnamed US officials.
Part of the reason for holding off is fear of a jump in oil prices. The US has already seized several tankers serving Venezuela and doing it to Iran would be an act of war.
Iran could respond itself by seizing tankers carrying oil from U.S. allies in the region or even by mining the Strait of Hormuz.
Oil prices have risen about 30 cents on the report.
