The Big Story: Is this just about oil? Why Trump wants to seize control of Iran’s Kharg Island episode artwork

EPISODE · Mar 30, 2026 · 20 MIN

The Big Story: Is this just about oil? Why Trump wants to seize control of Iran’s Kharg Island

from Money Matters with Hongbin Jeong and Chua Tian Tian · host MONEY FM 89.3

Donald Trump is pushing a controversial idea which is taking control of Iran’s Kharg Island, the country’s most critical oil export hub, as tensions between the US, Israel, and Iran continue to escalate. In the midst of this, Pakistan has stepped forward, offering to host “meaningful talks” between Washington and Tehran, a diplomatic opening that comes even as the threat of further escalation looms. On The Big Story, Hongbin Jeong speaks to Associate Professor Jessica Genauer, Academic Director of the Public Policy Institute at the University of New South Wales (UNSW), on why Kharg Island is central to Iran’s oil exports, whether the US could realistically seize and hold it, and how such a move could impact Iran’s war effort and global oil prices.See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Mar 30, 2026

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The Big Story: Is this just about oil? Why Trump wants to seize control of Iran’s Kharg Island

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