The global price of oil has reached $112, up four percent since yesterday. Here are the latest developments:
The USS Tripoli and its Marine Expeditionary Unit have arrived from Japan, including the forces on the USS Boxer and reinforcements from the 82nd Airborne—this marks the largest U.S. military deployment to the region in over 20 years. Trump has extended his ultimatum on the Strait of Hormuz to April 6, while the Pentagon weighs sending up to 10,000 additional troops and prepares plans for limited, weeks-long ground operations focused on targets like Kharg Island rather than a full-scale invasion.
Iranian missiles and drones struck Prince Sultan Air Base in Saudi Arabia, damaging refueling aircraft and wounding 10–12 U.S. personnel, some critically, according to reporting by The Wall Street Journal and Reuters. The aircraft seem to have been stationed on the tarmac when they were struck, in violation of U.S. Air Force protocol. Open-source imagery verified the attack, while the Pentagon has yet to comment.
According to Iran International, the president of Iran and the commander of the Islamic Revolutionary Guard Corps are in “deep disagreement.” The president warned that without a ceasefire, Iran’s economy could face total collapse within three weeks to a month.