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Trump Accuses Iran of Hormuz Attacks to Boost Oil

By Drooid · Oct 23, 2026, 6:10 AM UTC · How we work

Summary

Trump Accuses Iran

U.S. President Donald Trump accused Iran of fabricating Hormuz attacks to raise oil prices before the November 3 midterms.
Trump warned the United States could take additional military action against Iran after the tanker incidents.
Iran's Islamic Revolutionary Guard Corps Navy said four oil tankers were hit and caught fire overnight.
The IRGC also reported three tankers were immobilized by naval mines, pushing Brent crude up 2.2% to $111.24.

Summary

Hegseth Meets Netanyahu

Defense Secretary Pete Hegseth secretly visited Israel to meet Prime Minister Benjamin Netanyahu about coordinated strike plans.
U.S. and Israeli forces flew combat drills over Iraq to rehearse short intensive strike maneuvers.
Planned targets include the Pickaxe Mountain nuclear facility, Iran’s energy sites and its missile-drone arsenal.
Iranian officials warned retaliation would expand to data centers and undersea internet cables if strikes occur.

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Trump Accuses Iran

U.S. President Donald Trump accused Iran of fabricating Hormuz attacks to raise oil prices before the November 3 midterms.
Trump warned the United States could take additional military action against Iran after the tanker incidents.
Iran's Islamic Revolutionary Guard Corps Navy said four oil tankers were hit and caught fire overnight.
The IRGC also reported three tankers were immobilized by naval mines, pushing Brent crude up 2.2% to $111.24.

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