Trump says he is considering seizing Iran's Kharg Island, as oil price rises
BBC • • nation
Key Points:
- Asian stock markets fell sharply on Monday, with Japan's Nikkei 225 down 4.5% and South Korea's Kospi down 4.3%, driven by rising oil prices amid escalating conflict in the Middle East.
- Oil prices surged over 3%, with Brent crude exceeding $115 a barrel, as the Iran war intensified and more US troops arrived in the region.
- Former US President Donald Trump claimed the US has achieved regime change in Iran and suggested seizing Iranian oil assets and Kharg Island, while also indicating ongoing indirect talks with Iran.
- Israeli Prime Minister Netanyahu ordered an expansion of the "security zone" in southern Lebanon to counter Hezbollah threats, increasing Israeli control over parts of Lebanon.
- Pakistan expressed willingness to facilitate peace talks between Iran and the US, with regional and international support, while shipping companies avoid the Red Sea route due to Houthi threats, increasing global trade costs.
