Iran Conflict & U.S. Pressure
Houthi attack on Saudi Aramco refinery and Red Sea port kills 7 — direct Iran-backed aggression threatening oil supply. Iran economic desperation deepens; internal regime splits, Kharg Island shutdown. Saudi-Turkey-Pakistan defense pact signals insurance against U.S. disengagement. Trump shifts strategy from bombing to naval blockade and economic strangulation, exploiting oil smuggling and internal splits to force a deal without prolonged war. Hormuz deal tease remains unverified.
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Updated Aug 10, 2026