Trump threatens to seize Iranian island vital to oil exports, as ceasefire teeters

DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump threatened Thursday to launch major strikes on Iran and seize control of its oil industry as escalating attacks between the countries pushed the Middle East closer to the resumption of a full-scale war.

Trump said in a social media post that the U.S. would hit Iran “VERY HARD TONIGHT” and would “assume total control” of Iran’s oil and gas industries, including the vital Kharg Island oil terminal, in the “not too distant future.”

The American leader's latest threats came as efforts to negotiate an end to the war appeared stuck. Trump has voiced his frustration with the stalled negotiations, warning earlier in the week that Tehran would “pay the price” for taking too long to reach a deal.

Iran’s monthslong stranglehold on the Strait of Hormuz has disrupted global energy supplies, driven up fuel prices and made food and other basics more expensive well beyond the region.

The U.S. and Iran traded strikes for a second straight day Thursday after reaching a tenuous ceasefire more than a month ago. While the strikes have increased tensions in the region, they have been more limited compared to the early weeks of the war and negotiations between the U.S. and Iran are ongoing.

Trump’s threats on Thursday, while stark, represented his latest verbal escalation in the Iran war. In April, he warned Iran that “a whole civilization will die tonight, never to be brought back again” if it didn’t agree to his terms, before extending a ceasefire.

Trump weighs trying to seize Iran's main oil terminal

Kharg Island — located on the other side of the Persian Gulf from U.S. bases in Kuwait and Saudi Arabia — is the beating heart of Iran’s oil industry, through which 90% of its exports pass. It is important because Iran’s coastline is mostly too shallow for tanker ships to dock.

It was unclear how serious Trump was about his threat to seize it.

“My preference has always been to take Kharg Island,” Trump said in an interview Thursday on Fox News. “I don’t know that America has the stomach for it to be honest.”

American troops would be vulnerable on Kharg Island because of its close proximity — about 33 kilometers (21 miles) — to the Iranian mainland, from which missiles, drones and artillery could be fired.

Trump indicated in the interview that he remains averse to sending U.S. forces into Iran. “We could walk in there tomorrow. We could take soldiers — I don’t want to have boots on the ground. But if I wanted to we could put a small group of soldiers and take over the place.”

Trump compared his threat to take over Iran's oil industry to how the U.S. assumed control of Venezuela’s oil sector after capturing then-president Nicolás Maduro in January.

Iran says US attacks have made ceasefire `meaningless'

American strikes on Iran that lasted into Thursday morning appeared more intense and widespread than the day before.

Tehran released little information on the extent of the damage and said it fired back at Kuwait, Bahrain and Jordan, as it had the previous day.

It was the third time this week that back-and-forth strikes have rattled the Middle East. The first involved attacks between Iran and Israel, followed by the two rounds of fire between the U.S. and Iran, which hit countries in the region that host American bases.

Iran’s Foreign Ministry said in a statement Thursday that the U.S. attacks had “effectively rendered the ceasefire ... meaningless,” without saying it was abandoning it.

U.S. Treasury Secretary Scott Bessent said in a social media post that the U.S. would extract funds from frozen Iranian accounts to offset the costs of damage to American allies as well as any tolls Iran imposes on ships seeking passage through the Strait of Hormuz.

Beyond the deadlock over the strait, the two sides also remain at odds over Iran's nuclear program, which Tehran insists is peaceful but which the U.S. and Israel fear could be used to build an atomic weapon due to its stockpile of highly enriched uranium. The U.S. and Israel said a major reason they went to war on Feb. 28 was to ensure that Iran would never be able to do that.

Iran has insisted that any deal to end the war must also end fighting in Lebanon between its ally Hezbollah and Israel. But Israeli Prime Minister Benjamin Netanyahu appears intent on pursuing his goal of destroying the militant group.

US strikes Iran and Iran fires back at Gulf states

Central Command said its latest round of airstrikes came “in response to Iran’s unwarranted and continued aggression” and targeted “Iranian military surveillance capabilities, communication systems and air defense sites.” It did not elaborate on the damage done by the strikes, which it said ended just before sunrise Thursday in Iran.

Explosions from the strikes echoed around Iran’s capital, as well as the port city of Bandar Abbas and other southern areas along the Strait of Hormuz. Iran's paramilitary Revolutionary Guard later said sites hit included a manufacturing complex, a military barracks and a local Guard base outside of Tehran.

Kuwait closed its airspace for several hours because of the attack, but did not elaborate on any damage. Jordan said it intercepted 20 Iranian missiles fired toward an area that is home to a base hosting U.S. troops, though no one was hurt.

Bahrain's Interior Ministry said an 11-year-old girl was hurt and cars and homes were damaged by debris from interceptions responding to the Iranian attack.

Meanwhile, Israel warned residents in the country’s north to seek shelter after the detection of suspected incoming fire from Lebanon, where Israel is fighting the Iran-allied Hezbollah militant group.

U.S. fires on another merchant ship to enforce blockade

The U.S. military's Central Command said Thursday that it struck a Guinea-Bissau-flagged tanker attempting to evade the American blockade on Iranian ports. It said the M/T Jalveer was transporting Iranian oil when it was disabled late Wednesday after its crew failed to obey U.S. orders.

It's the ninth merchant vessel the U.S. military says it disabled to enforce the blockade.

Three Indian sailors were killed when American forces struck the Palau-flagged M/T Settebello on Tuesday, India's minister overseeing ports and shipping said Thursday on X.