World
Trump Threatens Iran’s Oil Hub
President Trump has threatened further strikes on Iran and announced plans to take control of the country's oil and gas markets, including its Kharg Island export hub. This move sent oil prices climbing.
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MarketWatch
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.
2026-06-11 15:53 UTC