Situation Room Convenes: Trump Authorizes Iran Campaign Wider Than Current Hormuz Operations

President Trump held a Situation Room meeting Tuesday to discuss a new offensive against Iran described by three sources as 'wider in scope' than the ongoing strikes around the Strait of Hormuz — a significant threshold crossing from maritime pressure to expanded campaign. This matters today because Brent crude has already surged 13.2% week-over-week to $86.04, and the market has priced current Hormuz-area operations, not a broader campaign targeting inland Iranian infrastructure. The non-obvious angle: on the same day Trump convened the meeting, he welcomed Iraqi PM Ali al-Zaidi to the White House and pledged 'a lot of deals' — a sequencing that mirrors classic Gulf economic architecture construction before military escalation, not after. Watch whether CENTCOM issues new targeting disclosures within 48 hours and whether the Brent-WTI spread widens above $8, the historical signal for Gulf-specific supply premium detaching from domestic US production. Full causal chain analysis in this week's briefing.