Trump wants to ‘take Iran’s oil’: Can he, and what would that mean?
Quick Insights
The Bottom Line
Trump suggested U.S. forces could seize Iran's Kharg Island oil export hub as the Middle East conflict enters its second month.
How This Affects You
Any disruption to Iran's oil exports could raise global crude prices, increasing gas and heating costs for American consumers by 10-20 cents per gallon or more.
AI Summary
President Trump has suggested that U.S. forces could seize Iran's oil export hub at Kharg Island as military conflict in the region intensifies. The statement reflects Trump's interest in leveraging energy resources as both a strategic and economic tool in Middle East conflicts. Kharg Island is Iran's critical infrastructure for petroleum exports, making control of it a high-stakes objective with major geopolitical implications. Seizing the facility would disrupt Iran's economy and global oil markets while raising complex questions about international law and the scope of U.S. military intervention. The proposal underscores the Trump administration's broader approach to using economic pressure and military force simultaneously against adversaries.
Source Coverage Map
9 of 43 tracked sources covered this story
Following this story?
Get notified when new coverage appears
Other Sources Covering This Story
5 sourcesMultiple outlets have reported on this story. Compare perspectives from different sources.
How the US could try to seize Iran's Kharg Island

Trump issues new threat to Iran's energy infrastructure if a ceasefire isn't reached 'shortly'
This article is part of a story we're tracking:
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
GlobalWATCH: Trump says Iran's new leaders 'gave us a present' related to oil and Strait of Hormuz
President Donald Trump cryptically claimed Tuesday that he got a gift from Iran "worth a tremendous amount of money," telling reporters it revealed to him that "we're talking to the right people."
FinanceOil, stock trading spikes before Trump's Iran remarks spark insider trading suspicions
Thousands of oil contracts -- a far higher volume than normal -- were traded 15 minutes before Trump pledged to halt strikes on Iranian energy infrastructure, sending prices tumbling. Traders who bet on prices dropping ahead of the announcement would likely have profited from Trump's sudden reversal, prompting analysts to question whether some market participants had acted on prior information. FRANCE 24's Yinka Oyetade speaks with Meziane Lasfer, Professor of Finance at Bayes Business School, City University.
PoliticsTrump makes a detour to Elvis Presley's Graceland in Memphis during Iran war and airport turmoil - AP News
<a href="https://news.google.com/rss/articles/CBMimAFBVV95cUxOS0gxd08tWklXWERnTGV0Y2I2djlHYTdNQjhkbFhxNEpiOU1CUHJjT3N4NFR4c005eUoyb0tVLWZPSWR2SDY4eXE0MXR2NXJGNnlaNTdxLVBMWWN5bVRhbGRIdkkzU1M4QTZUOGMzRWpBdjdoa0E5X0d1Wm1jeUZGSTNQWUFnRHk5OVhOSXZ6a3p5RVczb0JfQw?oc=5" target="_blank">Trump heads to Elvis Presley's Graceland in Memphis, a detour during Iran war and airport turmoil</a> <font color="#6f6f6f">AP News</font>
GlobalIran's military rejects Trump's talk of negotiation, as Israel and Iran launch airstrikes - Reuters
<a href="https://news.google.com/rss/articles/CBMirwFBVV95cUxQdmpoejR0RUtMc2FQcjMzbE56V25vbEpHM3UwV2FBNnF5dTdWUUpSY2lZMFBIT04xUXo5Q1Fxbll5TVBva2pBR1ByWE1lS2dOU0hKQjJpdE5nZkNKWHpBWmM2R0drNTh4U292OWswX0pCSlNmWVZXeDlfWFVMYUVYNTV2eVVQQWFubjBCSzdRV1VGbFBITnB1T3hkVjdlVXpRU1RQYzlwV0s0SnV2WWZV?oc=5" target="_blank">Israel strikes Tehran as Trump says US negotiating to end war</a> <font color="#6f6f6f">Reuters</font>
GlobalOil and the Shah of Iran (1974) | 60 Minutes Archive
In 1974, Mike Wallace traveled to Iran for his first interview with Shah Mohammad Reza Pahlavi. The Arab oil embargo was ongoing, and Wallace asked the Shah about the oil profits Iran was making.
National SecurityFire seen near Israeli oil refinery after Iranian missile attack - AP News
<a href="https://news.google.com/rss/articles/CBMipAFBVV95cUxQODlQQTN0QkFJamxJVnBkeHFGSWhHWk1xMXl6Nkhfa2tqazRvUjNCcXBWWVBZVnJfckRHZ01idUpFS1RHYUlfNWRWaldScUtjWnRjbVhkTjNkWEwtWFhGV0w2ZDNJbFFjVzIwYnNPNWNEOFlMeTZrSXRMc19EcDNHV3pLcElSVlgxOHpGcEJLdElCdC1MNHViX1RFQ2dKMGtwZWNwXw?oc=5" target="_blank">Trump mulls seizing Iranian island even as diplomatic talks appear to be moving ahead</a> <font color="#6f6f6f">AP News</font>

Trump says he is considering seizing Iran's Kharg Island, as oil price rises - BBC
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
Senate deal reached to cap insulin costs

'The gravest crime against humanity': What does the UN vote on slavery mean?

Pentagon will remove media offices after judge reinstates NYT's press credentials

Iran built a vast camera network to control dissent. Israel used it to track targets, AP sources say

At Pentagon Christian service, Hegseth prays for violence 'against those who deserve no mercy'




