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Nexio Global Media > Business > Trump Proposes Seizing Iran’s Oil and Kharg Island Export Hub
Business

Trump Proposes Seizing Iran’s Oil and Kharg Island Export Hub

Nexio Studio Newsroom
Last updated: March 29, 2026 9:00 pm
By Nexio Studio Newsroom 6 Min Read
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Trump’s Call to “Take the Oil” in Iran Sparks Global Concern Over Escalation Risks

Contents
A Provocative Proposal with Deep RootsIran’s Red Line and Regional FalloutMarket Jitters and Historical PrecedentsPolitical Reactions and Ethical QuestionsThe Broader Strategic PictureConclusion: A Dangerous Gamble

By [Your Name], International Affairs Correspondent

[Dateline] — Former U.S. President Donald Trump’s controversial suggestion to “take the oil” in Iran—reportedly including the seizure of the critical export hub Kharg Island—has reignited fears of geopolitical instability, drawing sharp reactions from energy markets, regional analysts, and foreign policy experts. The remarks, detailed in a Financial Times report, evoke Trump’s long-standing but legally dubious advocacy for confiscating Middle Eastern oil reserves as a strategic and economic tool. While the comments reflect his administration’s “maximum pressure” campaign against Tehran, legal scholars warn such actions would violate international law and risk catastrophic retaliation in the already volatile Persian Gulf.

A Provocative Proposal with Deep Roots

Trump’s latest remarks are not isolated. During his 2016 campaign and presidency, he repeatedly floated the idea of seizing oil assets in Iraq, Syria, and Iran, framing it as compensation for U.S. military expenditures. “We spent trillions in the Middle East. We should take the oil,” he argued in a 2019 interview. The Financial Times now reports that Trump privately discussed targeting Kharg Island, Iran’s largest oil terminal, responsible for 90% of its crude exports. Located in the Persian Gulf, the facility is a lifeline for Iran’s sanctions-battered economy and a potential flashpoint for military conflict.

Legal experts universally dismiss the legality of such a move. “Forcibly appropriating another nation’s sovereign resources is piracy under international law,” said Dr. Sarah Harrison, a former Pentagon lawyer now with the International Crisis Group. “It would undermine the very norms the U.S. claims to uphold.” The UN Charter prohibits the use of force except in self-defense or with Security Council authorization—neither of which would apply here.

Iran’s Red Line and Regional Fallout

Iran has long warned that any attack on its oil infrastructure would trigger an overwhelming response. In 2019, after Trump withdrew from the nuclear deal and imposed crushing sanctions, Tehran allegedly orchestrated drone strikes on Saudi Arabia’s Abqaiq facility—temporarily wiping out 5% of global oil supply. Retaliatory strikes on Kharg Island could disrupt shipments through the Strait of Hormuz, a chokepoint for 20% of the world’s traded oil.

“Trump’s rhetoric plays into Tehran’s narrative of American aggression,” said Trita Parsi, founder of the Quincy Institute. “Even discussing this emboldens hardliners who oppose diplomacy.” The timing is particularly sensitive as indirect U.S.-Iran talks on reviving the 2015 nuclear deal remain stalled. European diplomats fear renewed threats could derail fragile negotiations.

Market Jitters and Historical Precedents

Oil prices ticked upward following the report, reflecting trader anxiety. “Markets hate uncertainty, and this is a worst-case scenario,” said RBC Capital’s Helima Croft. Similar volatility occurred in 2020 after Trump ordered the drone strike killing Iranian General Qassem Soleimani, prompting Tehran to launch ballistic missiles at U.S. bases in Iraq.

Historians note that resource confiscation has precedents—but with disastrous consequences. Iraq’s 1990 invasion of Kuwait, partly driven by oil disputes, led to the Gulf War. “The U.S. would face global condemnation and likely face Iranian proxy attacks worldwide,” warned former CIA analyst Kenneth Pollack.

Political Reactions and Ethical Questions

The Biden administration swiftly distanced itself from Trump’s comments. “The U.S. adheres to international law and diplomatic solutions,” a State Department spokesperson said. Meanwhile, Republican hawks like Senator Lindsey Graham praised Trump’s “tough stance,” while progressive lawmakers called the idea “reckless and immoral.”

Ethical concerns also loom. “This isn’t just about legality; it’s about the message it sends,” said Human Rights Watch’s Sarah Leah Whitson. “Plundering resources echoes colonial exploitation and would fuel anti-American sentiment globally.”

The Broader Strategic Picture

Trump’s suggestion underscores a deeper debate about U.S. power projection. Proponents argue controlling Iran’s oil could cripple its regime, but critics counter that it would unite rivals like China and Russia against Washington. “China imports 1 million barrels daily from Iran. They won’t tolerate U.S. interference,” said energy analyst Ellen Wald.

With Trump eyeing a 2024 White House run, his remarks may also be political posturing. “He’s appealing to voters who want ‘America First’ aggression,” said Brookings’ Suzanne Maloney. “But governing requires nuance this lacks.”

Conclusion: A Dangerous Gamble

While Trump’s “take the oil” rhetoric energizes his base, its real-world implications—legal, economic, and strategic—are fraught with peril. In a region already on edge, even speculative threats risk unintended escalation. As the world watches, the stakes for global energy security and diplomatic stability have never been clearer. Whether this remains campaign trail bluster or evolves into policy may depend on voters—and the international community’s resolve to prevent another Middle East conflagration.

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