Trump Bombs Iran's Kharg Island, Declares 'We Totally Obliterated Every Military Target'
Key Takeaways
- US bombed Kharg Island, hitting Iranian military targets; described as among the most powerful strikes.
- Trump said targets were obliterated and threatened further strikes on Iran's energy and water infrastructure.
- Oil prices rose amid fears of disruption and strikes on Gulf energy infrastructure.
Kharg Island Bombed
Trump announced US forces bombed Iran's Kharg Island, totally obliterating every military target.
The island is Iran's primary oil export terminal, handling about 90% of crude exports.
The strikes came five days after the US killed Iran's supreme leader.
Iran had closed the Strait of Hormuz in retaliation for the strikes.
Oil Prices Surge
Oil prices surged past $100 per barrel after the strikes.
Diesel and gasoline prices climbed roughly 10% for the week.
Asian diesel prices have more than doubled since the conflict began.
The economic impact rippled far beyond oil markets.
Trump Threatens UAE Retaliation
Iran's military threatened to strike ports and docks in the UAE.
The IRGC considers it its legitimate right to defend its national sovereignty.
The IRGC did not specify which UAE cities they would strike.
This threat expanded the conflagation beyond Iran and Israel.
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