Trump Eyes Seizure of Kharg Island as Oil Markets Jitter
TL;DR
At a NATO summit in Türkiye, Trump said the U.S. could seize Kharg Island—Iran’s main oil-export hub—as US strikes on Iranian targets continue and a ceasefire appears to have collapsed. Kharg handles about 90% of Iran’s crude exports and lies near the strategically vital Strait of Hormuz, meaning any disruption could hit global supply; Brent crude rose more than 5% on the news. Trump has repeatedly threatened to seize the island but has suggested he would avoid attacking its oil infrastructure unless ships’ passage is endangered.
- Trump says US ‘may take over Kharg Island’: Here’s what you need to know Al Jazeera
- As U.S.-Iran Cease-Fire Frays, Trump Faces a Muddled War and Unpalatable Options The New York Times
- Crude extends rally as US-Iran flare-up rocks peace hopes France 24
- Inside Trump’s Oval Office Decision to Ditch the Iran Ceasefire WSJ
- Trump's European allies add distance on Iran following testy NATO summit CNBC
Want the full story? Read the original reporting
Read on Al Jazeera