Oil Markets Brace for Iran's Next Move Amid Hormuz Stalemate | Insight with Haslinda Amin 8/19/2026

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Iran eyes military targets in Europe if Trump escalates war, insiders say

Proposals to retaliate against US assets beyond the Middle East come as many in Tehran see renewed conflict as inevitable

Iran reportedly weighs attacks on European military targets as UAE severs trade with Tehran

Washington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with Iran.

Iran ‘weighs Cyprus’ as potential target if US escalates war

Iran has considered targeting US and British military assets in Europe, including Cyprus, if Washington escalates its conflict with Tehran, the Financial Times reported on Wednesday, citing people close to the Iranian regime. According to the FT, Iranian forces have assessed options for striking US military targets in south-eastern Europe as part of preparations for […]

Oil edges up on uncertainty over exports through Hormuz

Cyprus, Bulgaria among Iran’s potential targets in Europe, FT reports

Iran is considering widening the war beyond the Middle East to strike US military targets in Europe in the event of fresh escalation by Washington, according to the Financial Times, which cited people familiar with the internal discussions. Potential targets are said to include installations in southeastern Europe, among them Cyprus and Bulgaria, with particular […]

By newsroom

Trump contradicts aides as Strait of Hormuz standoff deepens

Trump says Strait of Hormuz is open to shipping, Iran denies this.

FT: Iran considers strikes on U.S. targets in Europe, with Cyprus and Bulgaria in the “Crosshairs”

Tehran has even considered attacks on undersea cables in the Strait of Hormuz — “If the U.S. goes too far, the war could reach Europe,” says a source close to the regime The post FT: Iran considers strikes on U.S. targets in Europe, with Cyprus and Bulgaria in the “Crosshairs” appeared first on ProtoThema English.

By Electra Delavogia

Oil edges up on uncertainty over exports through Hormuz

Oil prices ticked higher in early trade on Wednesday, climbing for a fourth straight day on supply uncertainty as investors weighed conflicting messages from ​Tehran and Washington on whether the Strait of Hormuz is open ‌to ships.

By Abubakar Ibrahim