Here's What "Iran's Secret Plan To Escalate The War" Means For Oil Stocks

Took full advantage of ceasefire: Iran prepares for bigger fight with US and Israel, eyes Kuwait ground raid - The Tribune

According to a Wall Street Journal report, Iran's Revolutionary Guard used a June US-Iran agreement to prepare for a wider conflict. Measures included accelerating missile production, improving accuracy, coordinating with regional militias, and planning potential pre-emptive strikes and ground operations as security leadership underwent reorganisation.

Here's What "Iran's Secret Plan To Escalate The War" Means For Oil Stocks

The Strait of Hormuz has nearly shut down, Iran's hardliners reportedly treated the ceasefire as cover to rearm, and oil stocks are sitting on massive year-to-date gains. So why is crude barely moving, and what does that signal for investors holding XOM, CVX, and the tanker trade?

Iran prepares for bigger fight with US, Israel

Iran's Islamic Revolutionary Guard Corps (IRGC) has utilised the period of relative calm following a June memorandum of understanding with the United States to prepare for a wider confrontation, including formulating plans for pre-emptive strikes and potential operations on enemy territory, according to a Wall Street Journal report citing Iranian and Arab officials.