Multiple newspapers are reporting additional Patriot missile batteries being deployed to the Western Gulf countries (Kuwait, UAE and even Oman were offered the missiles). Israel, Saudi Arabia and Iraq already have Patriot missiles deployed so this deployment will cover the entire Western Gulf.
There is also mention that the US will always deploy at least 2 Aegis equipped vessels in the Gulf to intercept potential Iranian missile launches. These announcements are significant in that they imply that the US is preparing for a potential conflict. On the other hand, they are not significant near term since it will take some time to deploy these assets to the Gulf and it is very unlikely that the US will take action until these assets are deployed.
This announcement is probably bullish for CL volatility 6 months+ out and bearish for near term volatility since it probably reduces the chances of something happening in the very near term.
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I appreciate your post, thanks for sharing the post, i would like to hear more about this in future
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