The US is considering an attack on Iran this coming weekend

The US is considering an attack on Iran this coming weekend according to a Bloomberg report, ciiutng unnamed sources:

• US plans for any Iran attack continue to evolve
• US officials prepare for possible Iran strike in coming days

Fordow will be a key target.

The Fordow Fuel Enrichment Plant (FFEP) is an underground Iranian nuclear facility near the city of Qom:

• Built in secret, it was revealed publicly by Western intelligence in 2009.

• Located inside a heavily fortified mountain to protect against airstrikes.

• Originally designed to enrich uranium up to 20%, which is close to weapons-grade.

• Under the 2015 Iran nuclear deal (JCPOA), Iran agreed not to enrich uranium at Fordow, but resumed enrichment after the U.S. withdrew from the deal in 2018.

• Concerns remain over its potential military use due to its structure and enrichment capabilities.

Earlier:

• Fox reporter says US strike in Iran coming possibly by the weekend
• NYT: Iran Foreign Ministry official said Iran would accept Trump’s offer to meet
• WSJ: Trump approved attack plans, holding off to see if Iran abandons nuclear plans

• Further reports that Trump has approved attack plans, but in wait and see mode
• Trump ‘getting comfortable’ with the idea of taking out Iran’s Fordo nuclear facility
• Report – Trump doesn’t want to be dragged into a prolonged war in the Middle East
• Goldman Sachs says Brent crude oil could spike just above $90/bbl.

• Trump weighs strike on Iran’s Fordow nuclear site, but remains unconvinced

This article was written by Eamonn Sheridan at www.forexlive.com.