Trump Considers Seizing Iran's Oil, Kharg Island

In a Financial Times interview, President Donald Trump raised the possibility of the U.S. taking Iran's oil and confirmed he is still considering seizing Kharg Island, a key fuel hub. This follows his claim that Iran has agreed to most of a 15-point U.S. plan to end the war, despite Tehran's earlier skepticism.

Trump's Oil and Island Remarks

President Trump stated in the interview that the United States might take control of Iran's oil resources and is weighing the option of capturing Kharg Island, which is critical for Iran's oil exports.

The 15-Point Plan and Iranian Stance

Trump asserted that Iran has consented to "most of" the 15-point list of demands from the U.S. aimed at ending the conflict. However, last week, Iranian officials had not immediately accepted the plan and expressed doubts about Washington's intentions. Trump also mentioned "regime change" in Iran, though this claim is not independently verified.

Market Reactions

After Iran warned of a potential U.S. ground invasion, oil prices increased and Asian stock markets experienced declines, reflecting heightened geopolitical risks.

Iran's Accusations

The speaker of Iran's parliament accused the U.S. of "secretly planning a ground invasion" while negotiations are ongoing, highlighting the deep-seated mistrust between the two countries.

Diplomatic Initiatives

Pakistan has declared its willingness to host talks between the U.S. and Iran in the coming days, following discussions with regional leaders in Islamabad, signaling a move towards diplomatic engagement.