US President Donald Trump threatened further strikes on Iran's Kharg Island oil export hub and urged allies to deploy warships to secure the Strait of Hormuz, an artery for global energy supplies, as Tehran vowed to intensify its response. His administration has brushed aside attempts by Middle Eastern allies to open talks, three sources told Reuters, as the conflict grows. Also Read Why Kharg Island matters to Iran economy and global oil market amid warEnergy prices have spiked as the war triggers the biggest-ever disruption in oil supply, rattling markets and governments alike. "The Countries of the World that ​receive Oil through the Hormuz Strait must take care of that passage, and we will help — ⁠A LOT!" Iran's Supreme Leader Ayatollah Mojtaba Khamenei, who replaced his slain father, has said the Strait of Hormuz should​remain closed.

Source: The Telegraph March 15, 2026 09:23 UTC