u/xauusdanonymous ·
Reddit — r/investing
· February 20, 2026 at 09:07
· ⬆ 35 pts
· 💬 36 comments
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The UK is blocking President Trump from using their bases for potential strikes on Iran, per The Times.
UK-US tensions are rising:
1. Block is owing to concerns that it would be a breach of international law
2. Trump has withdrawn support for Keir Starmer’s Chagos Islands deal
3. White House is still reportedly preparing "detailed plans" for a strike against Iran
4. Strikes expected to use both both Diego Garcia and RAF Fairford in the UK
5. These bases are home to America’s fleet of heavy bombers in Europe
*Oil prices* are now up to a 6-month high, currently trading at $67.00