politics
March 30, 2026
Trump states ‘preference’ to take oil from Iran like with Venezuela
President Donald Trump on Sunday said he is open to taking over Iran’s oil industry, as his administration did in Venezuela.
TL;DR
- President Trump stated his preference to take over Iran's oil industry, similar to Venezuela.
- He threatened to obliterate Iran's critical infrastructure, including power plants and oil wells, if a peace deal isn't reached or the Strait of Hormuz isn't opened.
- The U.S. has previously avoided targeting such infrastructure to maintain international energy security.
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