Trump Declares Iran Ceasefire Over, Threatens to Seize Control of Major Oil Terminal

At the NATO summit on July 8, Trump announced the interim ceasefire with Iran had ended and confirmed US strikes on Kharg Island, which handles 90% of Iranian crude exports. He stated the military was ordered to avoid damaging oil infrastructure while floating the possibility of US seizure of the facility. Trump has made similar threats since June without follow-through, raising questions about whether this signals genuine escalation or negotiating pressure.