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AAP
AAP
Business
JON GAMBRELL and WILL WEISSERT (Associated Press)

Trump threatens to take 'total control' of Iran's oil industry as ceasefire teeters

DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump threatened Thursday to launch major strikes on Iran and seize control of its oil and gas industries as continuing attacks between the warring countries pushed the Middle East closer to the resumption of a full-scale war.

Trump said in a social media post that the U.S. would hit Iran "VERY HARD TONIGHT" and would "assume total control" of Iran's oil and gas industries, including the key Kharg Island oil terminal, in the "not too distant future."

Trump compared his plans for Iran to how the U.S. assumed control of Venezuela's oil sector after capturing then-president Nicolás Maduro in January.

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