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Old 30th March 2026 | 08:34
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ORAC
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FT: https://archive.is/20260330014146/ht...b-23b7884031f5

Donald Trump says US could ‘take the oil in Iran’

Donald Trump has said he wants to “take the oil in Iran” and could seize the export hub of Kharg Island, as the US sends thousands of troops to the Middle East.

The US president told the FT in an interview on Sunday that his “preference would be to take the oil”, comparing the potential move to Venezuela where the US intends to control the oil industry “indefinitely” following its capture of strongman leader Nicolás Maduro in January.

The president’s comments come as the US-Israeli war against Iran has thrust the Middle East into crisis and sent the price of oil surging by more than 50 per cent in a month. Brent crude rose above $116 a barrel on Monday morning in Asia, near its highest level since the conflict began.

Trump said: “To be honest with you, my favourite thing is to take the oil in Iran but some stupid people back in the US say: ‘why are you doing that?’ But they’re stupid people.”

Such a move would involve seizing Kharg Island through which most of Iran’s oil is exported.

Trump has been beefing up US forces in the region, with the Pentagon ordering the deployment of 10,000 troops trained to seize and hold land. About 3,500 troops arrived in the region on Friday, including roughly 2,200 Marines. Another 2,200 Marines are en route, while thousands of troops from the 82nd Airborne Division have also been ordered to the region.

But an assault on the export hub would be risky, raising the chances of more US casualties and extending the cost and duration of the war.

“Maybe we take Kharg Island, maybe we don’t. We have a lot of options,” Trump told the FT. “It would also mean we had to be there [in Kharg Island] for a while.”

Asked about the state of Iranian defence on Kharg Island he said: “I don’t think they have any defence. We could take it very easily.”.......
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