Trump Says He'd 'Prefer to Take the Oil' in Iran, Eyes Kharg Island
Trump said he would like to "take the oil in Iran" and is considering seizing Kharg Island, which is responsible for more than 90% of Iran's oil exports, in an interview with the Financial Times.
Objective Facts
President Donald Trump stated his "preference would be to take the oil" in Iran and is considering seizing the export hub of Kharg Island, responsible for more than 90% of Iran's oil exports. Trump said "To be honest with you, my favorite thing is to take the oil in Iran but some stupid people back in the U.S. say: 'Why are you doing that?' But they're stupid people." He likened the potential move to the US ambitions to control Venezuela's oil industry following the capture of its leader Nicolás Maduro in January. Trump acknowledged that US forces would likely need to remain there for an extended period and that the island handles 90% of Tehran's oil exports. The Trump administration has weighed sending ground forces to the Kharg Island, with one source warning that such an operation would be "very risky."
Left-Leaning Perspective
A former senior U.S. military official called it "a disaster waiting to happen," and Vali Nasr, a leading expert on Iran, stated that "Taking Kharg means destroying it, and Iran will respond with major escalation." Democratic Senator Richard Blumenthal said that 8,000 troops are not enough to permanently reopen the Strait of Hormuz, and that "I strongly doubt 8,000 troops would be enough to take, hold and secure the territory." Left-leaning outlets and critics frame Trump's statement as revealing an imperialist impulse to seize natural resources. Analysis describes it as "an attempt by the Trump administration to take control of this critical chokehold" over Iran's oil exports and the Strait of Hormuz more broadly. Critics note the operation would "likely be seen by many there and around the world as a US attempt to seize Iranian oil." The left emphasizes the military risk and escalatory consequences that Trump downplays. Experts warn that if Kharg is attacked, the Iranian regime would respond with escalation rather than capitulation, and that a U.S. seizure of Kharg would not force Iran to surrender as Trump suggests because "I don't see them accepting regime change." Democrats, favored to win the House in November, are laying the groundwork for investigations into whether insiders are trading on Trump's market-moving decisions, suggesting corruption concerns.
Right-Leaning Perspective
Republican Senator Lindsey Graham, influential on Trump's Iran policy, argued that controlling the island "could shorten the war," writing "Seldom in warfare does an enemy provide you a single target like Kharg Island that could dramatically alter the outcome of the conflict." Graham stated "If Iran loses control or the ability to operate its oil infrastructure from Kharg Island, its economy is annihilated. He who controls Kharg Island, controls the destiny of this war." Conservative supporters frame seizing Kharg as a decisive military objective that would economically cripple Iran and accelerate an end to the conflict. American officials argue such an assault would be "an attempt to collapse the regime's economy and break its stranglehold on global markets." The right emphasizes Trump's long-standing position on this issue and compares it to successful operations elsewhere. However, pushback from within Republican ranks reveals division. Pushback came even from members of Graham's own party: Rep. Anna Paulina Luna called the remarks "unacceptable and dark," and Rep. Nancy Mace called out Graham for deploying "someone else's kids to war." Mace argued Graham "has one foreign policy: send someone else's kids to war," noting he was "wrong about Iraq," "wrong about Afghanistan," and "now he's wrong about Iran."
Deep Dive
The statement on March 30 emerges from a month-long military campaign in which the U.S. and Israel have been attacking Iran since late February. The conflict has killed more than 1,340 people to date, including then-Supreme Leader Ali Khamenei. The war has sent the price of oil surging by more than 50 per cent in a month, with Brent crude rising above $116 a barrel on Monday morning. Iran has largely blocked ships from passing through the Strait of Hormuz since the war began, causing a global crisis as prices of oil, natural gas and fertilizer soar. Trump's comments must be understood against this backdrop: a war ostensibly fought to neutralize Iran's nuclear and military threats, but where Trump openly discusses seizing oil as a personal preference. What each side gets right and what they omit: The right correctly notes that Kharg Island is genuinely critical to Iran's economy and military finances, and that controlling it would be strategically significant. However, they omit serious analysis of Iran's defensive preparations and the likelihood of fierce resistance. The left correctly identifies that military conquest of territory does not automatically translate to political capitulation or even economic control—Iran could destroy the infrastructure or conduct prolonged resistance campaigns. However, some left critics understate Trump's genuine concern about reopening the Strait of Hormuz for global energy flows, conflating this with pure resource greed. Trump's invocation of Venezuela shows he intends indefinite occupation and control of resources, not mere destruction of Iranian capability. What remains unresolved: Trump has not committed to the operation, saying "maybe we take Kharg Island, maybe we don't," leaving ambiguity about whether this is genuine military planning or negotiating theater. Pakistan is preparing to host U.S.-Iran talks, and Trump claims Iran has agreed to "most of" a 15-point list of demands to end the war. The timeline for any Kharg operation is unclear. Domestically, Trump faces Republican criticism from figures like Nancy Mace and Anna Paulina Luna, complicating his ability to sustain a politically costly ground campaign. Globally, the operation would almost certainly trigger escalation from Houthi forces in Yemen, Hezbollah in Lebanon, and other Iranian proxies, potentially expanding the conflict beyond current bounds.