Trump floats keeping Iranian oil as Gulf-Iran Hormuz talks stall
President Donald Trump suggested the U.S. could seize Iranian oil reserves as a strategy to end the ongoing conflict, drawing a comparison to a previous deal with Venezuela. Meanwhile, tensions remain high following the destruction of an American drone by Iranian forces over the Strait of Hormuz.
Why it matters
The rhetoric signals a potential shift in U.S. foreign policy toward resource-backed conflict resolution in the Middle East.
Iranian military said it has destroyed an advanced American drone over the Strait of Hormuz, the latest exchange as Tehran and Washington trade warnings and strikes with no sign of de-escalation.
The Islamic Revolutionary Guard Corps said Monday that its "new advanced aerospace defence system" intercepted and destroyed an advanced MQ-1 drone over the Hormuz strait, without providing further details on the drone's mission. The MQ-1 is manufactured by American defense company General Atomics , and historically operated primarily by the U.S. Air Force and the CIA.
The incident followed a series of Iranian operations against U.S. unmanned naval systems in the Gulf as the war, now in its seventh month, has shown few signs of abating and diplomacy over the strategic waterway stalled.
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