Trump reportedly threatens to seize Iran's Kharg Island oil terminal

President Donald Trump is reportedly threatening to seize the Kharg Island oil terminal, Iran's primary oil export hub, and to take control of its oil and gas markets, CNBC reported. He likens the potential action to the United States' earlier seizure of Venezuela's oil assets. Trump suggests that assuming control of the terminal would give the United States influence over the flow of Iranian oil and gas.

Kharg Island handles the majority of Iran's oil exports, making it a strategic point in any such operation. No concrete plan for the seizure is disclosed.