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Home»Stock Market»Trump says U.S. ‘obliterated’ army targets on Iran’s Kharg Island however did not ‘wipe out’ oil infrastructure
Stock Market

Trump says U.S. ‘obliterated’ army targets on Iran’s Kharg Island however did not ‘wipe out’ oil infrastructure

EditorBy EditorMarch 14, 2026No Comments4 Mins Read
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Trump says U.S. ‘obliterated’ army targets on Iran’s Kharg Island however did not ‘wipe out’ oil infrastructure
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A satellite tv for pc picture exhibits an oil terminal at Kharg Island, Iran, February 25, 2026.

2026 Planet Labs Pbc | Through Reuters

U.S. President Donald Trump mentioned on Friday that he directed the U.S. Central Command to hold out a bombing raid, hitting army targets on Iran’s Kharg Island.

“Moments in the past, at my course, america Central Command executed one of the crucial highly effective bombing raids within the Historical past of the Center East, and completely obliterated each MILITARY goal in Iran’s crown jewel, Kharg Island,” the president wrote in a Fact Social submit.

He added that he had “chosen NOT to wipe out the Oil Infrastructure on the Island.”

“Nevertheless, ought to Iran, or anybody else, do something to intervene with the Free and Protected Passage of Ships by means of the Strait of Hormuz, I’ll instantly rethink this determination,” Trump wrote.

Lower than an hour later, the president as soon as once more posted on Fact, saying: “Iran had plans of taking on your complete Center East, and utterly obliterating Israel. JUST LIKE IRAN ITSELF, THOSE PLANS ARE NOW DEAD!”

Talking late Friday, Trump advised reporters earlier than boarding Air Drive One for Florida that his army marketing campaign will final “so long as crucial.” When requested by reporters how lengthy the conflict will final, he mentioned: “I am unable to inform you that. I imply, I’ve my very own concept.” He added: “I will not offer you a time however we’re method forward of schedule.”

He was additionally requested by reporters what he meant by “unconditional give up,” and responded: “To me it means very merely that we’re ready of dominance that no one has seen earlier than, whether or not or not they’re in a position to say the phrases…”

Analysts have mentioned that the prospect of a U.S. transfer to grab Kharg Island, a strategically very important hub sometimes called Iran’s “oil lifeline,” is taken into account extraordinarily excessive danger, each from a geopolitical and financial standpoint.

The five-mile-long coral island, which is positioned about 15 miles off the coast of mainland Iran within the waters of the northern Persian Gulf, has been left untouched by means of almost two weeks of U.S. and Israeli-led strikes towards Iran.

The Trump administration has mentioned seizing the island, in keeping with an Axios report on March 7, citing 4 unnamed sources with data of the discussions.

White Home officers have beforehand mentioned they count on oil costs to fall dramatically as soon as Operation Epic Fury involves an finish, whereas White Home press secretary Karoline Leavitt has mentioned the president “properly” retains all choices on the desk.

Kharg Island has been thrust into the worldwide highlight as a result of it’s thought to be considered one of Iran’s most delicate financial targets. The terminal accounts for round 90% of the nation’s crude exports and has a loading capability of roughly 7 million barrels per day.

Analysts say that any try to assault or seize it will require a floor troop operation, which the U.S. seems reluctant to undertake. An assault would additionally possible immediate a sustained enhance to already hovering oil costs.

U.S. Protection Secretary Pete Hegseth has beforehand refused to rule out deploying American floor forces in Iran however mentioned the U.S. will not get slowed down within the nation.

On Friday, Brent crude oil futures closed above $100 per barrel for the second straight day, and the worldwide oil benchmark’s value has surged greater than 40% because the Iran conflict began.

— CNBC’s Riya Bhattacharjee contributed reporting.

Select CNBC as your most well-liked supply on Google and by no means miss a second from essentially the most trusted identify in enterprise information.
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