Loading ...The Hormuz Letter
@HormuzLetter
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14h
BREAKING: Iran is systematically preparing to damage Trump’s presidency through economic warfare, aimed at making him lose the November midterms, per a senior Iranian official in Tehran familiar with the matter.
The plans include strikes on Gulf oil terminals to surge global energy prices by destroying the remaining Hormuz bypasses (Saudi Yanbu and Emirati Fujairah, total ~5.5M barrels a day), and targeting the support network behind the US-backed “shadow fleet” in the Strait to fully shut it down to zero from the current ~5M barrels a day.
The official says the direct operational chain is: Crude → pump prices (2-4 week lag) → CPI → voter mood, and the economy being voters’ top issue with under 3 months to go until the midterms.
Majid Shakeri, the advisor to Iran’s Parliament Speaker Ghalibaf, adds “Iran must raise the tension level, focused on oil, before the midterms, and fortunately America handed over the necessary pretext. Obviously, Iran will not wait for America’s economic attack in a preemptive defense.”