US President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Wednesday, June 3, 2026. Shawn Thew | Bloomberg | Getty ImagesPresident Donald Trump on Thursday threatened to seize Iran's oil infrastructure including its main export terminal Kharg Island "in the not too distant future." Trump said in a Truth Social post that the U.S. military will attack Iran "very hard" tonight after completing a round of airstrikes on Wednesday. The president threatened to take "total control" of Iran's oil and gas markets as Washington did in Venezuela. Kharg Island is Iran's main oil export terminal, accounting for about 90% of its crude shipments before the war. The U.S. Navy has imposed a blockade on Iran's ports and vessels, dramatically reducing its exports. However, Trump told Fox News in an interview that he is not sure "America has the stomach" to take Kharg Island. "I think they'd like to see us come home, but we did it with Venezuela," Trump told Fox in a live phone call. "Venezuela's worked out great for everybody."Trump has escalated military pressure on Iran this week as he has grown frustrated with Tehran for not quickly agreeing to a deal to reopen the Strait of Hormuz and abandon its nuclear program. The latest round of escalation began when a U.S. Apache helicopter was shot down in Hormuz. This is breaking news. Please refresh for updates.