Solid Gold Berjangka – The United States reportedly launched an attack on Iran’s Qeshm Island on Monday (November 2), even as Washington continues to express hope for a resolution through negotiation. U.S. Vice President JD Vance stated that the administration still sees an opportunity to reach an agreement with Tehran.
According to U.S. officials cited by the media, Washington has carried out limited strikes against Iran over the past few weeks. These operations were reportedly conducted with minimal publicity to avoid the impression that the United States is preparing for a large-scale escalation of conflict.
Qeshm Island is located off the southern coast of Iran, near the Strait of Hormuz—a strategic artery for global energy trade. The area has drawn U.S. attention following reports that anti-ship missiles, naval mines, drones, and attack craft are stored there in underground facilities.
On the diplomatic front, Vance noted that the U.S. administration has observed positive developments in its communications with Iran and remains hopeful that a negotiated settlement can be achieved. However, he emphasized that Washington maintains various options—both military and non-military—should the talks fail.
President Donald Trump has reiterated that the U.S. will not allow Iran to possess nuclear weapons. He also indicated that other underground sites, including the "Pickaxe Mountain" area near Natanz, could become targets if Washington determines that the nuclear threat persists.
Despite the ongoing military pressure, the U.S. administration continues to stress that diplomacy remains the preferred path. Secretary of State Marco Rubio previously stated that Trump favors resolving the conflict without the use of military force. This combination of limited operations and ongoing negotiations keeps geopolitical risks high, likely sustaining volatility in the markets for oil, gold, and other "safe-haven" assets. (srh)