76 resultsfor “Trump threatens Iranian oil control”
Trump threatens to seize control of Iranian oil and gas facilities as tensions escalate Donald
threatens to cause a global recession. Iran has been pressing to keep Hormuz under its control, through which a fifth of global oil and gas supply passes. Here is more about the US proposal
control of ships since the beginning of the war, which started on 28 February, and comes after the US fired on and [seized an Iranian cargo vessel](https://www.theguardian.com/us-news/2026/apr/19/trump-us-seizes-iran-flagged-cargo-ship) and boarded a Iranian oil
Oil, but also sends a definitive message that the Trump team is serious about keeping militias, and those affiliated with militia finance/business, out of key positions,” Taylor said on X. Iran and the US have
control access to Iranian ports, and in turn restrict Tehran's ability to profit from oil exports in an attempt to put pressure on the country. It comes after negotiators from both sides failed
Trump rejected last week as “garbage”. The closure of the strait of Hormuz and the threat of further conflict in the region has sent oil prices soaring, fuelling inflation worldwide and threatening a global recession
Iranian officials. According to reports, the discussions focused on [several core issues](/news/2026/4/12/us-iran-ceasefire-talks-what-are-the-key-sticking-points), including Iran’s nuclear programme, sanctions relief, Iran’s frozen assets, and control of the Strait of Hormuz. The talks concluded without
oil](/news/2026/4/24/how-long-can-iran-survive-the-uss-hormuz-blockade), while the Strait of Hormuz was closed to nearly all other shipping. The blockade formally came into effect the following day, although Washington said vessels travelling to non-Iranian ports would be allowed
control of the Strait of Hormuz - a key oil transport route - remain in contention. Earlier on Sunday, Trump said his representatives would arrive in Pakistan, which has been mediating between the two, on Monday
Iranian “oil infrastructure points in the not too distant future”. The threats, made in a Truth Social post on Thursday, come after the US and Iran traded [two days of strikes](/news/liveblog/2026/6/11/iran-war-live-us-launches-attacks-on-multiple-iranian-targets), threatening to derail
oil tanker in the Gulf of Oman after the vessel allegedly tried to breach Washington’s blockade of Iranian ports. ## In the US - **Trump predicts quick end to war:** Trump says the conflict with Iran
control over the strait of Hormuz. Trump has said that any future peace deal must prevent Iran from developing a nuclear weapon, while Iran denies that it wants one. Access to the strait of Hormuz
Trump, the Iranian government has also tried to empower its own border provinces to import essential goods by reducing red tape. It has also allocated $1bn from the sovereign wealth fund to buy food
oil prices up 5% and threatening further price rises for fuel around the world. Stocks rose when both sides appeared to agree to halt the exchanges for now. The new violence has also complicated Trump
Iranian missile barrage on Friday. The UAE’s defence ministry said three people were wounded after air defences engaged two ballistic missiles and three drones launched by Iran. It was not clear if all were
threatening a global economic downturn. In an attempt to pressure Iran, Trump ordered the US fleet assembled off its shores to blockade Iran, which is heavily dependent on the sale of oil to stave
oil and liquefied natural gas is meant to pass freely. What does Trump's "Project Freedom" entail and could it lead to a resumption of hostilities? The president said the US had been asked
controls. In return it may offer substantial investments in the US economy, mirroring deals the Trump administration has previously struck with nations such as Japan and South Korea. , diplomacy stalled, and Trump’s [popularity plummeting](/news/2026/4/28/trump-approval-dips-to-record-low-amid-iran-war-inflation-woes-poll), the war appears to be hampering the Republican president’s domestic and global standing