Donald Trump has threatened to seize control of Iran's oil and gas facilities, specifically targeting Kharg Island, while escalating military actions against Iran. This comes after two consecutive days of exchanges of fire between the US and Iran despite a nominal ceasefire.
Key points
Trump threatens to seize control of Iran's oil and gas infrastructure
US plans to target Kharg Island, crucial for oil exports
Tensions escalated after US helicopter was downed
Iran and US exchanged fire for two consecutive days
Trump compares Iran's situation to Venezuela's oil markets
Mentioned in this story
IranUnited StatesKharg Island
Donald Trump has said the US will take control of Iran’s oil and gas infrastructure and launch further strikes on Iran on Thursday night, just hours after the two countries exchanged fire for the second consecutive day despite a nominal ceasefire in place.
In a post on Truth Social, Trump said the US would hit Iran “VERY HARD, TONIGHT”, claiming that most of Iran’s offensive capacity had been destroyed. He also said the US would seize Kharg, an island in the Gulf that handles about 90% of Iran’s oil exports and hosts vast storage facilities.
Trump said: “At some point in the not too distant future, we will be taking Kharg Island and other oil infrastructure points, and assume total control of their oil and gas markets, much like we have with Venezuela, which is working out brilliantly for both Venezuela and the United States of America.”
He later told Fox News that he would rather avoid hitting Iranian bridges and power plants, despite having threatened to do so earlier in the week.
The latest comments came after Iran and the US traded strikes for a second successive day, triggered by the downing of a US helicopter above the strait of Hormuz.
The ceasefire, established in early April, has been undermined by sporadic retaliatory strikes, with both sides accusing the other of violating the temporary truce.
Trump said Thursday’s assault was prompted by Iran stalling in negotiations aimed at turning the temporary ceasefire into a permanent peace.
The most intense strikes yet took place on Thursday morning, with the US launching a wide-ranging salvo against what it described as “military surveillance capabilities, communication systems and air-defence sites across Iran”.
The US military said it also struck an oil tanker near the strait of Hormuz that it claimed was attempting to breach a blockade of Iranian ports, firing Hellfire missiles at the vessel.
US forces strike an oil tanker in the Gulf on 10 June
US forces strike an oil tanker in the Gulf on 10 June. Photograph: CentCom
Q&A
What did Trump say about seizing Iranian oil facilities?
Trump stated that the US would take control of Iran's oil and gas infrastructure, particularly Kharg Island, which is crucial for Iran's oil exports.
Why are tensions escalating between the US and Iran?
Tensions escalated after the US helicopter was downed over the Strait of Hormuz, leading to retaliatory strikes between the two nations.
What is Kharg Island's significance in the context of Iranian oil exports?
Kharg Island handles about 90% of Iran's oil exports and contains vast storage facilities, making it a strategic target for control.
How did Trump compare the situation in Iran to Venezuela?
Trump mentioned that the US's control over Venezuela's oil markets has been successful and implied a similar approach could work with Iran's oil and gas markets.
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US forces strike an oil tanker in the Gulf on 10 June
Photograph: CentCom
An Indian official said a US strike had killed three Indian crew members, though it was unclear whether the ship was the same one referenced by the US military.
Iran launched missiles and drones at Kuwait, Bahrain and Jordan, as it did on Wednesday morning. Bahrain’s interior ministry said an 11-year-old girl had been injured, while homes and vehicles were damaged by falling debris from interceptions.
Despite the overnight strikes, Iranian officials told Reuters that talks on a preliminary deal had intensified. They said the US and Iran were exchanging messages on a memorandum of understanding, although significant obstacles remained, including how to unfreeze billions of dollars in Iranian assets.
Boys look at a ship in the distance
A vessel in the strait of Hormuz near Bandar Abbas beach, Iran, on 11 June. Photograph: Amirhosein Khorgooi/ISNA/Reuters
“This war, from a military standpoint, is a dead end. The Americans could not achieve their goals by attacking Iran. There has been progress in negotiations,” one Iranian source told Reuters.
The mechanism for releasing frozen Iranian funds remains a significant sticking point. Iran wants the money to be released all at once directly to Tehran, while the US favours a phased approach focused on humanitarian goods.
Unfreezing the funds and creating broader economic relief was the priority, according to the Iranian source, rather than an all-encompassing settlement.
Ghada Hussein mourns at the grave of her son Mohammed Tufayli at a makeshift cemetery in Sidon, Lebanon
Ghada Hussein mourns at the grave of her son Mohammed Tufayli, a Hezbollah fighter who was killed during the war, at a makeshift cemetery in Sidon, Lebanon. Photograph: Anwar Amro/AFP/Getty Images
Other unresolved issues include the conflict in Lebanon, which Iran insists must be included in any ceasefire framework. Israeli strikes there have reportedly killed more than 3,600 people, while Hezbollah attacks have killed at least 30 Israeli soldiers in Lebanon and Israeli civilians.
Trump also wants Iran to end its restrictions on shipping through the strait of Hormuz and guarantee that it will not develop a nuclear weapon – something Tehran has long denied pursuing.
Iran tightened its control over the strait of Hormuz after Wednesday’s attacks, warning that ships transiting the waterway must be patient. The strait is a chokepoint for about 20% of the world’s oil supply and its closure has sent prices of energy and inflation soaring.
The US military denied that the strait had been closed or that its ships had been attacked, despite Iranian claims to the contrary, insisting that vessels were continuing to move through the strait.
Trump is seeking a deal with Iran at a time when the conflict is becoming increasingly unpopular in the US. The president faces midterm elections, rising inflation and plummeting approval ratings.
