US and Israel Prepare Strikes on Iran’s Energy Infrastructure as Navy Blockade Tightens Around Hormuz

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US and Israel Prepare Strikes on Iran’s Energy Infrastructure as Navy Blockade Tightens Around Hormuz
PrimeXBT Editorial Team
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The United States and Israel are preparing new strikes on Iran's energy infrastructure as the U.S. Navy tightens its blockade of the Strait of Hormuz. The move follows earlier strikes on Iran's South Pars gas field and Kharg Island, and prediction markets are already pricing a longer standoff and dimmer odds of a near-term U.S.-Iran nuclear deal.

CBS World reported that the United States and Israel are preparing to strike Iran's energy infrastructure, as the conflict between Iran and the U.S.-Israel coalition moves into a new round of retaliatory attacks on energy and strategic sites.

Energy sites already hit once

Earlier strikes in the conflict have already targeted Iran's South Pars gas field and Kharg Island, sites the report frames as strategically important to the conflict. The report characterizes the shift toward energy infrastructure as a significant escalation that is further destabilizing the region and complicating diplomatic efforts.

Navy blockade tightens around Hormuz

Separately, the U.S. Navy has stepped up enforcement of its blockade against Iran, flying an MH-60R Sea Hawk helicopter from the USS Michael Murphy under a CENTCOM update on the operation. Enforcement crews have redirected 30 commercial vessels, disabled two and boarded another two, while letting nearly 30 ships pass for humanitarian reasons. That activity is concentrated in the Strait of Hormuz and surrounding waters, the report said.

Prediction markets price a longer standoff

Prediction-market pricing for an end to the blockade by August 31 has slipped from 40% to 34% YES. A separate market tracking a resolution by December 31 puts the odds at 86% YES that the standoff ends by year-end. That pricing appears to reflect a reduced probability of a final U.S.-Iran nuclear agreement by key deadlines, according to the report. Observers are watching for statements from President Trump or CENTCOM that could shift those odds.

Source: Crypto Briefing

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