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WSJ: Trump Weighs Limited Strike on Iran

2 hours ago

April 13 — U.S. officials and sources familiar with the matter told the Wall Street Journal (WSJ) that former President Donald Trump and his advisors are weighing resuming limited military strikes against Iran and imposing a blockade on the Strait of Hormuz to break a deadlock in ongoing peace talks. Officials noted Trump may also consider restarting full-scale bombing operations, but the likelihood is low: such moves would further destabilize the region, and Trump himself is reluctant to get drawn into a long-term military conflict. U.S. officials and government insiders added that whichever option Trump chooses carries significant risks. A full-scale war would deplete critical U.S. ammunition reserves and expose Trump to backlash from voters skeptical of Middle East military entanglements. Conversely, scaling back military action — even if the Iranian regime is weakened but remains intact, continues its nuclear program, and maintains control over the Strait of Hormuz — could be viewed as a victory for Tehran.
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US-Iran Talks Collapse, Trump Threatens to Block Strait and Resume Limited Military Strikes, Iran Nuclear Issue Top Dispute

**News Flash: U.S.-Iran Talks End Without Deal; Trump Orders Hormuz Blockade, Threatens Strikes** April 13 — U.S.-Iran negotiations stretched over 20 hours without a breakthrough Tuesday. Both delegations have left Pakistan, with prospects for further talks dimming. In post-meeting remarks, former President Trump (note: context aligns with original framing) noted Iran’s stated "maximum red line" is not possessing nuclear weapons. He ordered the U.S. Navy to blockade the Strait of Hormuz and intercept vessels paying tolls to Iran, while threatening to resume limited military strikes against the country. ### U.S. Developments - Trump and his advisors are weighing resuming limited strikes alongside the Hormuz blockade to break the peace talks deadlock. - Trump: "If the nuclear issue isn’t resolved, the Hormuz blockade starts immediately. NATO is ready to help secure the strait, and our Gulf allies have already begun assisting." - U.S. Central Command: As of 10 p.m. Beijing

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Monday Morning Crude Oil Futures Soar 8% on Opening, Crypto Market Shakes Downward, US Stock Futures Spot Gold and Silver Open in Decline

**April 13 Crypto & Market Flash Update** After unsuccessful U.S.-Iran negotiations, Trump threatened to resume limited military strikes against Iran. He plans to implement a maritime blockade on all Iranian entry/exit ports starting at 10 a.m. Eastern Time (10 p.m. Beijing Time today). ### Traditional Markets (Per Bitget Data): - Brent/WTI crude futures surged 8% at Monday’s open. - U.S. stock index futures all dropped >1% at the open. - U.S. dollar rose >0.4%. - Spot gold/silver both fell >2% at the open. ### Crypto Market (Under Downward Pressure, Per HTX Data): - Bitcoin: <$71k (-3.1% 24h) - Ethereum: Briefly topped $2,200 before retreating to $2,192 (-3.97% 24h) - SOL: $81.5; BNB: $592 - Total crypto market cap: $2.49T (-2.8% 24h) ### Top Altcoin Gainers (24h): - Binance Live: +27% → $0.1773 - ENJ: +21.3% → $0.038 - SOLV: +14.3% → $0.0047 - HUMA: +13.2% → $0.017 ### Top Altcoin Losers (24h): - TRU: -15.6% → $0.0081 - PARTI: -12.7% → $0.00

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UK 'slaps in the face' Trump, denies involvement in US blockade of Strait of Hormuz

April 13th — Insiders told the Financial Times the U.K. will not join the U.S. in blockading the Strait of Hormuz. Late last night, Trump said U.S.-Iran peace talks failed to yield a breakthrough, so the U.S. Navy will blockade the critical waterway. The U.S. plans to send more minesweepers to the strait, while NATO “intends to help clear it” — with the U.K. and other nations deploying minesweepers, though the U.K. has clarified it won’t join the U.S. blockade. A U.K. government spokesperson noted: “We remain committed to freedom of navigation and the Strait of Hormuz staying open — that’s key for the global economy and easing domestic cost-of-living pressures. No tolls should be charged for ships navigating the strait. We’re working urgently with France and other partners to build a broad alliance to safeguard freedom of navigation.”

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Iranian Parliament Speaker Suggests Oil Prices Will Continue to Rise

**April 13 Update** Iranian Parliament Speaker Ghalibaf: “Enjoy the current oil price level. Under this so-called ‘blockade,’ you (referring to the U.S.) will soon start missing the $4–$5 per gallon gasoline prices.” Per monitoring from PolyBeats, prediction market Polymarket reports: - 62% chance WTI Crude closes above $115/bbl on any single trading day this month - 42% chance for above $120/bbl - 26% chance for above $130/bbl - 10% chance for above $150/bbl (Note: "bbl" = barrel, a standard abbreviation for crude oil pricing in U.S. markets)

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Spot Gold Plunges Over 2% Intraday, Touches $4650/oz

On April 13, Bitget market data shows spot gold dropped to $4,650 per ounce, marking a 2.12% intraday decline.

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Media: Israeli Army Prepares to Strike Iran Again

April 13 Multiple Israeli media outlets reported on the evening of local time April 12, citing Israeli defense officials, that the Israel Defense Forces (IDF) have entered a "high state of alert." The IDF is preparing to resume military action against Iran and is also gearing up for a potential Iranian strike on Israel. To date, the IDF has not issued an official comment on these reports.

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