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US Drafts Iran Strike Plan, Trump Briefed, Oil Hits $126

5/1/2026

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Story summary
  • U.S. Central Command drafted plan for strikes on Iran to present to President Donald Trump.
  • President Donald Trump will be briefed Thursday by Admiral Brad Cooper on port blockade.
  • Iranian officials warned of retaliation, with the IRGC commander pledging a swift response to any U.S. assault.
  • Prices rose as Brent crude topped $126 a barrel and gasoline hit $4.30 gallon while White House officials met to limit impact.
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