US President Donald Trump threatened to strike the oil infrastructure of Iran's Kharg Island hub unless Tehran stopped attacking vessels in the Strait of Hormuz, a warning that could further roil markets coping with a historic supply disruption. Trump paired his ultimatum with a social media post saying the US had "totally obliterated" military targets on the island, the export terminal for 90% of Iran's oil shipments, which lies about 300 miles (500 km) northwest of the strait.
United States forces executed a large-scale precision strike on Kharg Island in Iran on Friday night, the US Central Command said on Saturday. "US forces successfully struck more than 90 Iranian military targets on Kharg Island, while preserving the oil infrastructure," CENTCOM said. The strike destroyed naval mine storage facilities, missile storage bunkers and multiple other military sites, the US military said in a post on X.
President Donald Trump threatened on Friday to strike the oil infrastructure of Iran's Kharg Island hub, unless Tehran stopped attacking vessels in the Strait of Hormuz. US strikes did not target Kharg's oil infrastructure, but "should Iran, or anyone else, do anything to interfere with the Free and Safe Passage of Ships through the Strait of Hormuz, I will immediately reconsider this decision," Trump wrote. As the war entered its third week, Iran, however, struck a defiant note, playing down the extent of the damage on Kharg while threatening to step up its use of more powerful weapons and warning parts of the United Arab Emirates were a legitimate target. "We declare to the leaders of the UAE that Iran considers it a legitimate right to defend its national sovereignty and territory by targeting the origin of American enemy missile launches in the shipping ports, docks and military shelters of the US hidden in some cities of the UAE," a spokesperson for Iran's Revolutionary Guards said.
In a statement, the IRGC urged residents in the UAE to evacuate ports, docks and US military shelters to avoid civilian casualties. Nine ballistic missiles and 33 drones were launched from Iran towards the UAE on Saturday, the Ministry of Defence said, making a total of 294 ballistic missiles, 15 cruise missiles and 1,600 drones launched from Iran since the war started. Behind the scenes, resentment had already been mounting in Gulf Arab capitals at being drawn into a war they neither initiated nor endorsed but are now paying for economically and militarily, regional sources have said.
Iran also vowed to increase its usage of upgraded weapons, particularly ballistic missiles and other missiles with greater destructive power, a defence ministry spokesperson was quoted as saying in state media. Oil exports from Kharg Island were continuing normally despite the US attack, a senior provincial governor was quoted by the IRNA news agency as saying.
Trump told reporters the US Navy will "soon" start escorting tankers through the Strait of Hormuz, a conduit for 20% of the world's fossil energy supplies. Iranian Supreme Leader Mojtaba Khamenei, who replaced his slain father, has said the strategic waterway should remain closed as a tool of pressure. Iran's armed forces responded to the Kharg attack by saying any strike on their country's oil and energy infrastructure would lead to strikes on facilities owned by oil companies cooperating with the US in the region, Iranian media reported. Some oil loading operations have been suspended in the UAE's Fujairah emirate, a major bunkering hub, industry and trade sources said, after a fire broke out there on Saturday.
The fire occurred after debris fell during the interception of a drone, but no injuries were reported, the emirate's media office said. Iran, which ramped up oil output in the run-up to the February 28 launch of the war by Israel and the US, has continued to ship oil at a rate of 1.1 million to 1.5 million barrels per day, TankerTracker.com and Kpler data show. Much of the oil shipped from Iran via Kharg goes to China, the top global crude importer. Oil prices have swung sharply on Trump's changing comments about the likely duration of the war, which began with massive US and Israeli bombardments of Iran and quickly spread into a regional conflict with broad consequences for worldwide energy and stock markets.
In Dubai, the management team of the ICD Brookfield Place, a business centre in the heart of the Dubai International Financial Centre, said in a message to its tenants that an incident took place, without elaborating further. Earlier, Dubai's media office said debris from a successful interception struck a building in central Dubai, but no fire or injuries were recorded. It did not specify the location. After two weeks of war, 2,000 people have been killed, mostly in Iran but many in Lebanon and a growing number in the Gulf. Several million people have been displaced from their homes. — Reuters
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