Business & Economy

Trump says U.S. will take Iran’s oil-export hub Kharg Island. Here’s what his threat really means.

Oil prices climbed toward session highs Thursday after President Donald Trump threatened further strikes on Iran and said the U.S.

Source MarketWatch Updated 2h 09m ago AI Summary

AI Summary

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.

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