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.
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