Tehran: Iran warned the United States of an “endless quagmire” after President Donald Trump threatened new strikes and vowed to take control of Iranian oil and gas markets.
Iranian negotiator Mohammad Bagher Ghalibaf said “wrong strategies and impulsive decisions” would “reset the entire board for the worse.”
Trump said the US would hit Iran “very hard” on Thursday night. He also said Washington would assume “total control” of Iran’s oil and gas markets in the “not too distant future.”
Trump said the US would take Kharg Island, Iran’s main oil export terminal. He later told Fox News he was unsure whether America had the “stomach” to seize the island.
The warning came after India confirmed that three sailors were killed in a US strike on the Settebello near Oman on Wednesday. The US also confirmed attacks on two other ships, Jalveer and Marivex, in recent days.
Read: Trump Iran Strike Threat Targets Oil Sites, Kharg Island
US Treasury Secretary Scott Bessent said on X that damage caused by Iran against US allies would be paid for through funds extracted from Iranian accounts.
Bessent said tolls paid to Iran’s new Persian Gulf Strait Authority would be offset by Iranian funds. Iran launched attacks against US assets in Jordan, Bahrain and Kuwait after US strikes in southern Iran.