Trump Says US 'Obliterated' Military Targets On Iran's Kharg Island, Threatens Tougher Action If Hormuz Shipping Is Disrupted - JPMorgan Chase (NYSE:JPM)
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Published on March 14, 2026.
President Donald Trump announced that the United States conducted a major bombing raid on Iran's main crude oil export terminal, Kharg Island, which he deemed the nation's "crown jewel". Despite not destroying the oil infrastructure, Trump warned against disrupting the free and safe passage of ships through the Strait of Hormuz, a crucial point for global oil supply. He also stated that Iran's plans to take over the Middle East and destroy Israel are now "dead".
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