Iran Attacks Kuwaiti Oil Tanker as Trump Expands US Threats

Iran’s main oil export terminal at Kharg Island in the Persian Gulf.Source: AFP/Getty Images

The White House threatened further escalation of its military campaign against Iran, which later attacked a Kuwaiti oil tanker near Dubai, as the war entered a fifth week with little relief for jolted global markets.

President Donald Trump said in a social media post Bloomberg TerminalMonday that if Tehran doesn’t reopen the Strait of Hormuz, “we will conclude our lovely ‘stay’ in Iran by blowing up and completely obliterating” electricity plants, oil facilities and “possibly” desalination infrastructure.