The ‘incredibly significant’ US military forces surrounding Iran
Financial Times
February 20, 2026
AI-Generated Deep Dive Summary
The United States has significantly bolstered its military presence near Iran, drawing comparisons to the buildup before the Iraq invasion. This move underscores tensions in the region and raises concerns about potential economic repercussions, particularly on oil prices and global trade routes. The strategic importance of the Hormuz Strait, a critical passageway for oil shipments, adds weight to the situation. Experts warn that such a deployment could impact international energy markets, affecting businesses reliant on stable oil supplies.
The build-up includes naval forces and aircraft in the Persian Gulf, a region already marked by recent escalations, including naval drills and increased sanctions targeting Iran's nuclear program. This mirrors past military campaigns, heightening fears of escalation. The area's history of conflict, including attacks on tankers near Hormuz, highlights its volatility. Such developments could disrupt regional stability, with implications for global energy security.
Businesses should monitor these tensions closely, as they may face increased costs due to supply chain disruptions or heightened insurance requirements for shipping
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Originally published on Financial Times on 2/20/2026