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Hormuz Chess: Iran's Plan to Boost Oil Prices
Iran is moving toward implementing a new strategy aimed at increasing attacks on ships in the Strait of Hormuz and its surrounding waters, in order to pressure the United States and halt efforts to lower oil prices ahead of the American midterm elections. The strategy involves changing the nature of the attacks, increasing their frequency, and expanding the scope of operations to include the Gulf of Oman and more distant maritime areas, including the threat of closing the strait entirely. Iran is also employing unarmed observers on small boats to monitor the targets of ships. This comes amid a rise in attacks on tankers and commercial vessels, increasing the risk of disrupting navigation routes and international oil supplies, in a context of military and economic confrontation intertwined with the American elections.
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