Donald Trump threatened Iran with the seizure of the oil-important island of Kharg and announced “very hard” military strikes for the night before Friday. On his platform Truth Social, the Republican wrote that the US would seek “complete control” over Iran’s oil and gas markets. At the same time, in an interview with Fox News, he left open whether the US was actually ready to take Kharg – his personal preference remained unchanged.
Despite the escalation, oil prices fell while Wall Street gained. Apparently, investors assessed the latest threats as not immediately war-mongering, especially since Trump simultaneously stated that negotiations with Iran on an agreement were continuing. “They are negotiating with us, but they are proud,” the US president said.
Already in the previous night, both sides had again attacked each other militarily. US producer prices rose but could not diminish the gains on Wall Street.
EuroPulse reported on June 11, 2026, on the latest US Supreme Court rulings and Trump’s parallel Iran threats: US Supreme Court announces rulings – Trump threatens Iran with attack.
Source: www.handelsblatt.com
