President Donald Trump announced that the U.S. military will attack Iran 'VERY HARD TONIGHT,' with plans to seize control of the country's 'oil infrastructure points,' including Kharg Island, which accounts for approximately 90% of Iran's crude exports [1][2]. Trump stated that the U.S. will 'assume total control' of Iran's oil and gas markets and infrastructure 'at some point in the not too distant future,' and compared the forthcoming action to U.S. operations in Venezuela, describing those as 'working out brilliantly for both Venezuela and the United States of America' [1].
In response, Iranian state media outlet Fars reported that Iran will consider all of Elon Musk's companies in the Middle East, including SpaceX's Starlink internet service, as military targets as it retaliates against the U.S. [2]. Iran is targeting 'all interests related to economic holdings managed by Elon Musk in West Asia,' specifically mentioning a regional Starlink ground station [2].
Both articles confirm that Trump's warning and Iran's retaliatory threats were issued on Thursday morning, with the Iranian report appearing around the same time as Trump's social media post [2]. The situation is described as breaking news, with updates expected [1][2].
No specific market reactions, analyst opinions, or forward-looking statements beyond the threats and planned actions were provided in either article [1][2].
CONCLUSION
President Trump's announcement of imminent U.S. military action against Iran's oil infrastructure, including Kharg Island, has prompted Iran to threaten Elon Musk's companies in the region as potential military targets. The escalation signals significant geopolitical and market risk, with further updates anticipated as the situation develops.