A U.S. Navy P-8 Poseidon maritime patrol aircraft was observed refueling mid-air from a KC-135 tanker over the Middle East. This operation underscores the sustained U.S. military presence in the region amid CENTCOM’s enforcement of a naval blockade targeting Iranian maritime operations. Market odds reflect a low likelihood of the U.S. ending the Iranian blockade imminently, dropping to 2.1 % YES for July 31. The U.S.-Iran confrontation in the Strait of Hormuz remains active, with CENTCOM executing strikes to diminish Iran’s capacity to disrupt commercial shipping.
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