Hormuz Crisis Deepens as Iran Prepares for Possible Renewed U.S. Attacks

2026, October 1

Iran / United States / Gulf region

Iran is preparing for a potentially broader military response if the United States resumes large-scale attacks, according to Iranian officials cited by Reuters. At the same time, diplomatic efforts to end the conflict remain uncertain, while three oil tankers were reportedly struck by projectiles while transiting the Strait of Hormuz.

The consequences are spreading well beyond the Middle East. China has suspended October exports of oil products to destinations outside Hong Kong and Macau to strengthen domestic supplies, while Taiwan announced plans for about $13 billion in additional energy-related spending to shield consumers and state energy companies from the global price shock.