Skip to content
Back to Guavy Wire
Commodities

Gulf States Divided on Trump's Iran Strike Cancellation

Instruments
Oil
Share

A recent report suggests that Gulf states were divided on President Donald Trump's decision to cancel a planned military strike against Iran. According to The Wall Street Journal, UAE officials urged a broader US military campaign, while Saudi Arabia pushed for restraint.

The proposed agreement would have included reopening the Strait of Hormuz, halting attacks across the region, and allowing Tehran to resume oil exports. In return, the United States would end its naval blockade of Iran and allow Tehran to resume oil exports, in line with a draft ceasefire agreement signed in June.

An Iranian diplomat quoted by The Wall Street Journal said that commanders in the Islamic Revolutionary Guard Corps are considering a preemptive military strike if diplomacy collapses. Trump ultimately canceled the planned strike after Iranian negotiators responded positively to a new Qatari proposal centered on reopening the Strait of Hormuz.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc