Oil prices surge after Trump's remarks on Kharg Island, Asian markets plunge

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Oil prices surged following remarks by U.S. President Donald Trump, who stated in an interview with the Financial Times that he is considering seizing Kharg Island, Iran's main oil pipeline, and that he wants to 'take Iran's oil.' The price of Brent crude jumped to $115 per barrel, and WTI crude to $101 per barrel. Meanwhile, Asian stock markets are plunging. Trump stated in the interview: 'Maybe we'll take Kharg Island, maybe we won't. We have a lot of options.'
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