Trump mulls seizing Iran's Kharg Island oil terminal even as talks show progress
US President Donald Trump has considered seizing Iran's Kharg Island oil terminal, as the US and Israel continue attacks on Iran despite signs of progress in ceasefire talks. The conflict has led to a significant increase in oil prices, raising concerns about a global energy crisis.
A fire broke out at an oil refinery in Haifa, Israel, for the second time this month. The cause of the blaze is unclear. Meanwhile, the US and Israel have continued their attacks on Iran, with Israel targeting Iran's South Pars natural gas field. Iran has retaliated by striking a key water and electrical plant in Kuwait. The US has sent 2,500 Marines to the region, with more on the way. Trump has suggested taking Iran's Kharg Island oil terminal, saying 'maybe we take Kharg Island, maybe we don't.' The conflict has led to a surge in oil prices, with Brent crude oil rising to around $115. Diplomatic efforts to end the war are ongoing, facilitated by Pakistan.
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