Trump Threatens to Seize Iran's Main Oil Terminal After Overnight Strikes

Speaking at NATO summit on July 8, Trump declared an interim ceasefire with Iran "over" and confirmed US strikes on Kharg Island, a facility handling 90% of Iranian crude exports. He said the military was instructed to spare oil infrastructure—"maybe we'll take over Kharg Island." Trump claims this marks potential US control of Iran's energy markets, though he's floated the threat multiple times since June without committing to action.