Trump threatens to blow Kharg Island ‘to smithereens’ as U.S. and Iran trade fresh strikes in the Gulf, driving up the price of oil

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Trump posted an AI-generated video on Truth Social showing Kharg Island, the terminal through which Iran exports 90% of its oil, being blown to smithereens. The U.S. struck rocket launchers on Iran’s Larak Island that Centcom said were being prepared to launch sea mines. Iran responded by bombing American military bases in Jordan, the first such attack since late July. Brent crude oil rose back above $90 per barrel, up from a low of $87 in the previous 24 hours. A tanker was also disabled after striking two sea mines in the Strait of Hormuz.

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