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Trump says U.S. will take Iran’s oil-export hub Kharg Island. Here’s what his threat really means.

Trump says U.S. will take Iran’s oil-export hub Kharg Island. Here’s what his threat really means.
MarketWatch Thursday 11 June 2026, 15:53 UTC By Victor Reklaitis 1 min read
Key Points

Oil prices climbed toward session highs Thursday after President Donald Trump threatened further strikes on Iran and said the U.S. would take control of the country’s oil and gas markets as well Kharg Island, its oil-export hub.

Oil prices climbed toward session highs Thursday after President Donald Trump threatened further strikes on Iran and said the U.S. would take control of the country’s oil and gas markets as well Kharg Island, its oil-export hub.
Trump (ORG) U.S. (LOCATION) Iran (LOCATION) Kharg Island (LOCATION) Donald Trump (PERSON)
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