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Home/Australian News Today/Netanyahu Calls for US and Israel to Overthrow Iran as Brent Crude Hits Five-Month High – USFTB
Netanyahu Calls for US and Israel to Overthrow Iran as Brent Crude Hits Five-Month High – USFTB
Australian News Today

Netanyahu Calls for US and Israel to Overthrow Iran as Brent Crude Hits Five-Month High – USFTB

By Ethan Michael Carter
October 24, 2026 2 Min Read
0

The geopolitical landscape in the Middle East remains highly volatile, with Israeli Prime Minister Benjamin Netanyahu calling for a joint US-Israeli effort to overthrow the Iranian regime. This intense rhetoric coincides with Brent crude oil prices surging to a five-month high, reflecting market anxiety over potential escalation in the Strait of Hormuz.

The Trump administration maintains heavy economic and military pressure on Tehran. Treasury Secretary Scott Bessent announced that Persian Gulf oil exports have managed to rebound above pre-conflict levels, even as the US enforces a naval blockade designed to choke off Iranian oil revenues. According to energy data firm Kpler, Iranian crude revenues are projected to hit zero by mid-December. President Donald Trump, speaking at a rally in Florida, threatened to seize Iran’s oil reserves and asserted total American control over the strategic Strait of Hormuz, stating the US could “take the whole country” if it wished.

Meanwhile, international diplomatic efforts continue behind the scenes. The UN nuclear watchdog, the IAEA, indicated it is prepared to resume independent monitoring of Iran’s nuclear facilities should a new diplomatic agreement be reached. However, Trump has kept the threat of additional military strikes, such as another round of Operation Epic Fury, firmly on the table.

The regional tension has spilled over into other areas. In Jordan, a tragic shooting at a Christian funeral left six dead and dozens wounded, raising local security concerns. Israel experienced violence closer to home as well, with two IDF soldiers killed in a West Bank shooting near Hebron, prompting Netanyahu to order a full closure of the territory. Additionally, Houthi rebels in Yemen claimed responsibility for a deadly attack on a Saudi airport, further highlighting the wider regional instability.

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