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Middle East crisis live: Trump says he wants to ‘take the oil’ in Iran and could seize Kharg Island ‘easily’

30.03.2026 05:43 | The Guardian World

US president tells Financial Times his ‘preference would be to take the oil’ but that ‘some stupid people back in the US say: “why are you doing that?”’Full report: Iran accuses US of plotting ground assault while publicly seeking talksAnalysis: what the Houthis’ entry into the Iran war means for the conflict and the wider regionThe price of brent crude had now gone over $116 a barrel, while stock markets have slumped in Asia as investors dig in for a protracted Gulf conflict that could bring a spike in inflation and the risk of recession to much of the globe.Brent crude was just over $70 a barrel when the war started last month and prices have risen by over 50% since. Continue reading...

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