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President Donald Trump has said the United States could take control of Iranian oil resources as part of the outcome of the ongoing conflict, framing it as a potential economic return for military action. “If I had my choice… yeah, because I’m a businessman first,” Trump said when asked about securing Iran’s oil. He pointed…
U.S. President Donald Trump said he would prefer to “take the oil in Iran” and suggested Washington could seize the country’s key export hub at Kharg Island, as thousands of additional American troops deploy to the Middle East amid the widening U.S.-Israeli war against Iran. Reports in recent weeks have also pointed to Kharg Island…
Washington: US President Donald Trump has said that Iran has given America a “present” worth a “tremendous amount of money”, related to the Strait of Hormuz, the crucial waterway that has remained virtually closed since the US-Israeli strikes that started the war on February 28, causing global oil and gas prices to soar. The US…
Iran, which is fighting a war with America and Israel, has also turned the war into an opportunity. The US targeted military bases near Kharg Island, but did not directly target the oil terminal due to fear of a global oil crisis. Taking advantage of this, Iran has kept the Kharg terminal operational and has…
Iran, which is fighting a war with America and Israel, has also turned the war into an opportunity. The US targeted military bases near Kharg Island, but did not directly target the oil terminal due to fear of a global oil crisis. Taking advantage of this, Iran has kept the Kharg terminal operational and has…
New Delhi11 minutes ago copy link The Trump administration has granted a 30-day relaxation in sanctions on the purchase of Iranian oil. This exemption is only for the purchase of Iranian oil tankers present at sea. US Treasury Minister Scott Besant announced this. According to the website of the Treasury Department, this exemption is for…
The United States is reportedly planning to announce a “coalition” of multiple nations to help escort ships through the war-hit Strait of Hormuz as early as this week amid soaring oil prices due to the US and Israel’s war on Iran. US President Donald Trump has said that he has demanded that about seven countries…
Tehran: US President Donald Trump has threatened to take over the strategically critical Strait of Hormuz if Iran tries anything “cute” and attacks more American and Israeli targets in the Middle East. The warning came after oil prices briefly shot to their highest level since 2022 shortly after Iran selected Ayatollah Mojtaba Khamenei to succeed…
US President Donald Trump on Monday refused to rule out prospects of acquiring Iran’s oil reserves as his country pressed ahead with its military campaign against Tehran. He told NBC News that he was unwilling to discuss whether he would like the US to take control of Iranian oil, but asserted that “certainly people have…
Last Updated:March 08, 2026, 10:09 IST The Israeli strikes are intended to cripple military logistics, civilian transport, power generation and regime stability in Iran’s political heartland. Strikes on Tehran Oil Facilities Aim to Cripple Iran’s Fuel Network. (Photo: Reuters) A CNN-News18 intelligence report said that the recent Israeli strikes on major oil facilities around Tehran…