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    Home»Fintech»Trump says U.S. ‘obliterated’ military targets on Iran’s Kharg Island but didn’t ‘wipe out’ oil infrastructure
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    Trump says U.S. ‘obliterated’ military targets on Iran’s Kharg Island but didn’t ‘wipe out’ oil infrastructure

    AdminBy AdminMarch 14, 2026No Comments3 Mins Read
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    Trump says U.S. 'obliterated' military targets on Iran's Kharg Island but didn't 'wipe out' oil infrastructure
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    A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026.

    2026 Planet Labs Pbc | Via Reuters

    U.S. President Donald Trump said on Friday that he directed the U.S. Central Command to carry out a bombing raid, hitting military targets on Iran’s Kharg Island.

    “Moments ago, at my direction, the United States Central Command executed one of the most powerful bombing raids in the History of the Middle East, and totally obliterated every MILITARY target in Iran’s crown jewel, Kharg Island,” the president wrote in a Truth Social post.

    He added that he had “chosen NOT to wipe out the Oil Infrastructure on the Island.”

    “However, should Iran, or anyone else, do anything to interfere with the Free and Safe Passage of Ships through the Strait of Hormuz, I will immediately reconsider this decision,” Trump wrote.

    Less than an hour later, the president once again posted on Truth, saying: “Iran had plans of taking over the entire Middle East, and completely obliterating Israel. JUST LIKE IRAN ITSELF, THOSE PLANS ARE NOW DEAD!”

    Speaking late Friday, Trump told reporters before boarding Air Force One for Florida that his military campaign will last “as long as necessary.” When asked by reporters how long the war will last, he said: “I can’t tell you that. I mean, I have my own idea.” He added: “I won’t give you a time but we are way ahead of schedule.”

    He was also asked by reporters what he meant by “unconditional surrender,” and responded: “To me it means very simply that we are in a position of dominance that nobody has seen before, whether or not they’re able to say the words…”

    Analysts have said that the prospect of a U.S. move to seize Kharg Island, a strategically vital hub often referred to as Iran’s “oil lifeline,” is considered extremely high risk, both from a geopolitical and economic standpoint.

    The five-mile-long coral island, which is located about 15 miles off the coast of mainland Iran in the waters of the northern Persian Gulf, has been left untouched through nearly two weeks of U.S. and Israeli-led strikes against Iran.

    The Trump administration has discussed seizing the island, according to an Axios report on March 7, citing four unnamed sources with knowledge of the discussions.

    White House officials have previously said they expect oil prices to fall dramatically once Operation Epic Fury comes to an end, while White House press secretary Karoline Leavitt has said the president “wisely” keeps all options on the table.

    Kharg Island has been thrust into the global spotlight because it is regarded as one of Iran’s most sensitive economic targets. The terminal accounts for around 90% of the country’s crude exports and has a loading capacity of roughly 7 million barrels per day.

    Analysts say that any attempt to attack or seize it would require a ground troop operation, which the U.S. appears reluctant to undertake. An attack would also likely prompt a sustained increase to already soaring oil prices.

    U.S. Defense Secretary Pete Hegseth has previously refused to rule out deploying American ground forces in Iran but said the U.S. won’t get bogged down in the country.

    On Friday, Brent crude oil futures closed above $100 per barrel for the second straight day, and the global oil benchmark’s price has surged more than 40% since the Iran war started.

    — CNBC’s Riya Bhattacharjee contributed reporting.

    Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

    didnt Infrastructure Irans Island Kharg military obliterated Oil Targets Trump U.S wipe
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