US Has Warned Gulf Arab States to Prepare for a Possible Short, Intense Military Campaign Against Iran After the Midterms, per WSJ

The United States is quietly telling its Gulf partners to get ready for another round of strikes on Iran, per the Wall Street Journal.

The US has warned several Gulf Arab states to prepare for a possible short, intense military campaign against Iran after the midterm elections, per the Wall Street Journal.

A Patriot missile defense system is being moved to Israel, and US forces are restocking munitions ahead of the possible operation, per the WSJ.

Forces Are Already Moving

Axios separately reported that renewed US and Israeli strikes on Iran appear likely after the US midterm elections without a last-minute deal, with coordination talks currently underway.

Such an operation is expected to include a week of massive strikes on Iranian leadership, energy, nuclear, and infrastructure targets, US and Israeli officials say, per Axios.

"We need to finish the job," President Donald Trump said.

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What It Means for the Options Market

Brent crude is trading near $115 a barrel, its highest level since 2022, and WTI is above $101, keeping energy names at the center of options flow.

Watch XOM and CVX for crude-driven positioning, defense names like LMT and RTX, and broad index volatility through SPY into the November 3 midterms.

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