Trump’s Kharg threat, reversal show Iran war high-wire act
- Posted on June 12, 2026
- By Business News Today
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- 1 min read
Trump’s Kharg threat, reversal show Iran war high-wire act
President Donald Trump considered capturing Kharg Island, Iran's main oil export terminal. This move would have severely impacted Iran's economy. However, Trump later withdrew the threat as negotiations advanced. The island remains a significant point of leverage in the ongoing conflict. Seizing Kharg would have marked a major escalation.