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Trump Threatens Seizure of Iranian Oil Infrastructure

Updated 2026-06-11 12:40 UTC 1 source Negative

President Trump announced plans to seize Iran's oil infrastructure, comparing the move to actions taken in Venezuela. The announcement comes amid heightened tensions over oil markets.

Coverage timeline — 2 articles
CNBC
Trump said the forthcoming operations to take over Iran's oil infrastructure, and its oil and gas markets, would be similar to U.S. actions in Venezuela.
2026-06-11 12:35 UTC
CNBC
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
2026-06-11 12:36 UTC
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