Trump says U.S. will take Iran’s oil-export hub Kharg Island. Here’s what his threat really means.
MarketWatch· Myra P. Saefong· Jun 11, 2026 · 3:53 PM
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.
This is a summary. Read the complete story at MarketWatch below.
Read full article at MarketWatchRelated Stories
marketsabout 1 hour ago
Micron’s earnings are a must-watch market event — with profit growth approaching 1,000%
Micron’s massive growth is “coming at nearly pure profit,” and that’s starting to have real implications for the S&P 500.
MarketWatch
marketsabout 2 hours ago
This bull market isn’t going to end because of Fed rate hikes under Warsh
Warsh may hope the threat of rate hikes is enough. But stocks might gain ground if he does, and past rate-hike cycles can be a guide.
MarketWatch
marketsabout 3 hours ago
The secret to wellness is simple: Eat this breakfast and work out at the right time
The key to a healthy breakfast is less about when you eat it and more about what you eat.
MarketWatch