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Take the Oil: Trump Eyes Iran’s Kharg Island as the Ultimate War Prize

By Aryan Malik Tuesday, March 31, 2026
Take the Oil: Trump Eyes Iran’s Kharg Island as the Ultimate War Prize

In an interview that has diplomats reaching for aspirin and oil traders reaching for their phones, President Donald Trump has revealed his "favorite thing" about the ongoing war in West Asia: taking Iran’s oil.

Strategic Policy & Background

Specifically, the President is eyeing Kharg Island, the tiny patch of land in the Persian Gulf that handles over 90% of Iran’s oil exports. His logic? If you want to stop a car, you don’t just yell at the driver—you take the keys and the gas tank.

'We Could Take It Very Easily'

Speaking to the Financial Times, Trump didn't exactly use the "hushed tones" usually reserved for high-stakes military strategy. Instead, he treated the potential seizure of a sovereign nation's primary economic engine like a real estate flip.

"I don’t think they have any defense," Trump said, dismissing the Iranian military. "We could take it very easily."

He also took a swipe at critics back home who worry about international law or the risks of occupation, brushing them off bluntly.

The Venezuela Model

Trump compared the plan to his administration's approach toward oil control in Venezuela, suggesting a continuity in strategy when it comes to energy leverage.

Defense & Geo-Political Implications

But Reality Is More Complicated

While the President makes it sound straightforward, military analysts warn that seizing and holding such a strategic location would not be simple. Occupation, escalation, and prolonged conflict would likely follow.

Trump himself acknowledged that holding the island would require a sustained presence—effectively an occupation.

Meanwhile, global markets are already reacting. Brent crude prices are hovering around $115 per barrel, and any escalation involving Kharg Island could push energy prices even higher.

Trump has reportedly set a deadline for Tehran, hinting that failure to respond could lead to further escalation.

In a characteristic twist, he also claimed Iran had allowed several oil tankers to pass through the Strait of Hormuz—framing it as part of a broader strategic signaling.

"Maybe we take Kharg Island, maybe we don’t. We have a lot of options."

Strategic Path Forward

For now, the world watches as rhetoric, strategy, and uncertainty collide—once again placing global energy markets at the center of geopolitics.