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    Home»Business»Trump calls off military strikes on Iran hours after threatening to escalate
    Business

    Trump calls off military strikes on Iran hours after threatening to escalate

    June 12, 20266 Mins Read
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    U.S. President Donald Trump said Thursday he has called off new military strikes on Iran, hours after threatening to escalate the war by seizing control of the country’s oil industry.

    Trump said in a social media post that he made the move “based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved.”

    The announcement came after two days of back-and-forth attacks between the U.S. and Iran had pushed the Middle East closer to the resumption of a full-scale war.

    Just hours after Trump posted on social media that the U.S. would hit Iran “VERY HARD TONIGHT” and take “total control” of Iran’s oil and gas industries, the president was suggesting that progress has been made in talks to extend the fragile ceasefire.

    He wrote that “discussions and final points have been, in both concept and great detail,” approved by the United States, Israel, and other regional allies. He did not offer details.

    Trump on multiple occasions over the last several weeks has claimed that the warring parties have been on the cusp of a deal without anything coming to fruition.

    Trump’s most recent threats were the latest example of him voicing frustration with the stalled negotiations to end the war. He warned earlier in the week that Tehran would “pay the price” for taking too long to reach a deal.

    Iran’s parliamentary speaker, Mohammad Bagher Qalibaf, warned in a social media post Thursday that “wrong strategies and impulsive decisions” would wreak havoc on energy markets and “create an endless quagmire that you will be stuck in for years.”

    While the most recent strikes have increased tensions in the region, they have been more limited compared to the early weeks of the war, and negotiations between the U.S. and Iran are ongoing.

    Trump’s threats on Thursday represented his latest verbal escalation in the Iran war. In April, he warned Iran that “a whole civilization will die tonight, never to be brought back again” if it didn’t agree to his terms, before extending a ceasefire.

    Trump threatened to seize Iran’s main oil terminal

    Iran’s monthslong stranglehold on the Strait of Hormuz has disrupted global energy supplies, driven up fuel prices and made food and other basics more expensive well beyond the region.

    Trump had threatened Thursday to seize Kharg Island, the heart of Iran’s oil industry through which 90% of its exports pass. Located on the other side of the Persian Gulf from U.S. bases in Kuwait and Saudi Arabia, the island is important because Iran’s coastline is mostly too shallow for tanker ships to dock.

    It was unclear how serious Trump was about his threat to seize it.

    “My preference has always been to take Kharg Island,” Trump said in an interview Thursday on Fox News. “I don’t know that America has the stomach for it to be honest.”

    American troops would be vulnerable on Kharg Island because of its proximity—about 33 kilometers (21 miles)—to the Iranian mainland, from which missiles, drones, and artillery could be fired.

    Trump indicated in the interview that he remains averse to sending U.S. forces into Iran.

    “I don’t want to have boots on the ground,” Trump said. “But if I wanted to, we could put a small group of soldiers and take over the place.”

    Trump compared his threat to take over Iran’s oil industry to how the U.S. assumed control of Venezuela’s oil sector after capturing then-president Nicolás Maduro in January.

    Iran says U.S. attacks have made ceasefire “meaningless”

    Back-and-forth strikes rattled the Middle East for the third time this week. The first involved attacks between Iran and Israel, followed by the two rounds of fire between the U.S. and Iran, which targeted countries where U.S. troops are based.

    The U.S. military’s Central Command said airstrikes ending early Thursday targeted Iran’s military surveillance, communications, and air defense sites.

    Explosions echoed around Iran’s capital, as well as the port city of Bandar Abbas and other southern areas along the Strait of Hormuz. Iran’s paramilitary Revolutionary Guard said sites hit included a manufacturing complex, a military barracks, and a local Guard base outside Tehran.

    Tehran said it fired back at Kuwait, Bahrain, and Jordan.

    Kuwait closed its airspace for several hours but did not report any damage. Jordan said it intercepted 20 Iranian missiles fired toward a base hosting U.S. troops, though no one was hurt.

    Bahrain’s Interior Ministry said an 11-year-old girl was hurt and cars and homes were damaged by debris from intercepted Iranian strikes.

    Iran’s Foreign Ministry said the U.S. attacks had “effectively rendered the ceasefire … meaningless,” without saying it was abandoning it.

    Tensions persist over Iran’s nuclear program, Strait of Hormuz

    U.S. Treasury Secretary Scott Bessent said in a social media post that the U.S. would extract funds from frozen Iranian accounts to offset the costs of damage to American allies and any tolls Iran imposes for ships to transit the Strait of Hormuz.

    Beyond the deadlock over the strait, the two sides also remain at odds over Iran’s nuclear program. Tehran insists its nuclear efforts are peaceful. The U.S. and Israel fear Tehran’s stockpile of highly enriched uranium could be used to build an atomic weapon.

    Iran has insisted that any deal to end the war must also end fighting in Lebanon between its ally militia Hezbollah and Israel. But Israeli Prime Minister Benjamin Netanyahu appears intent on pursuing his goal of destroying the militant group.

    Iranian student says hope dwindles as attacks escalate

    A 25-year-old student in northern Iran says Iranians are fearing “chaos” amid the war with the U.S. and Israel and multiplying crises at home.

    The student, who lives in the city of Babol, said many Iranians are struggling to afford groceries in the face of mass job losses and triple-digit food inflation. He spoke on the condition of anonymity out of security fears.

    “Everything is going wrong, and there is no hope among the people,” the student added.

    The student first spoke to The Associated Press before the war when he participated in widespread anti-government protests. He now says his chief concern is that Iran “maintain territorial integrity and deterrence” in the face of attacks by the U.S. and Israel.

    U.S. fires on another merchant ship to enforce blockade

    The U.S. military’s Central Command said Thursday that it struck a Guinea-Bissau-flagged tanker attempting to evade the American blockade on Iranian ports. It said the M/T Jalveer was transporting Iranian oil when it was disabled late Wednesday after its crew failed to obey U.S. orders.

    It’s the ninth merchant vessel the U.S. military says it disabled to enforce the blockade.

    Three Indian sailors were killed when American forces struck the Palau-flagged M/T Settebello on Tuesday, India’s minister overseeing ports and shipping said Thursday on X.

    U.S. Central Command said American forces issued warnings before firing on the ship, which it accused of trying to evade the blockade.

    The leader of the International Maritime Organization, a United Nations agency, condemned the attack.

    —By Jon Gambrell and Aamer Madhani, Associated Press

    AP writers Will Weissert, Collin Binkley, Michelle L. Price, Konstantin Toropin, Sheikh Saaliq, Munir Ahmed, Victoria Eastwood, Amir-Hussein Radjy, and Russ Bynum contributed to this report.



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