ZB ZB
Sport
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Trump says 'great settlement' made with Iran, deal to be signed in Europe this weekend

Author
AFP,
Publish Date
Fri, 12 Jun 2026, 7:40am
US President Donald Trump has vowed renewed strikes against Iran. Photo / Getty Images
US President Donald Trump has vowed renewed strikes against Iran. Photo / Getty Images

US President Donald Trump says America could take over Iran’s key oil infrastructure, in what would be a major escalation in the war with the Islamic Republic.

Trump threatened “bigger, more powerful” attacks on what would be a third successive night, as he pushes Tehran to turn their increasingly nominal ceasefire into a permanent peace deal.

On Truth Social, Trump wrote: “The United States will be hitting Iran ... very hard tonight.

“At some point in the not-too-distant future, we will be taking Kharg Island, and other oil infrastructure points, and assume total control of their oil and gas markets, much like we have with Venezuela.”

Kharg Island is at the heart of Iran’s oil export industry, a lynchpin of the country’s battered economy. It sits off Iran’s Gulf coast, hundreds of kilometres northwest of the narrow, strategic Strait of Hormuz.

Trump talked about a possible seizure of the island earlier in the US-Israeli war in Iran, which began on February 28.

The United States toppled Venezuelan leader Nicolas Maduro in January and now says it has control of its oil industry, a strategy that Trump has repeatedly said he wants to repeat with Iran.

Trump gave no details of how the United States would seize Iran’s oil terminals, but any such operation would almost certainly require the involvement of US ground troops.

In a telephone interview with Fox News shortly after his social media post, Trump said: “Look, my preference has always been take Kharg Island. I don’t know that America has the stomach for it, to be honest.”

Trump insisted that “I don’t want to have boots on the ground” but said that “if I wanted to, we could put a small group of soldiers and take over the whole place”.

He also said he preferred not to hit Iran’s civilian infrastructure, after previously threatening to strike power plants and bridges.

“I’d rather not do it, because once you do that, the people suffer”.

Trump also vented his increasing frustration with Iran for failing to agree a deal to end the war, open the Strait of Hormuz and agree not to develop a nuclear weapon.

He said: “The whole thing is crazy, and they’re really in submission, they just don’t know it yet. We are talking to them.”

- AFP

Take your Radio, Podcasts and Music with you