Trump states ‘preference’ to take oil from Iran like with Venezuela

President Donald Trump on Sunday said he is open to taking over Iran’s oil industry, as his administration did in Venezuela. 

“To be honest with you, my favourite thing is to take the oil in Iran, but some stupid people back in the US say: ‘Why are you doing that?’ But they’re stupid people,” he told the Financial Times. 

The president’s remarks came hours before he said he would be open to obliterating Iran’s critical infrastructure if the country does not swiftly agree to a U.S. peace proposal and open the Strait of Hormuz, which is a critical waterway for transporting oil. The United States has thus far avoided targeting such infrastructure, including at Kharg Island, the distribution point for 90% of Iran’s oil, as doing so would destabilise long-term international energy security. 

“Great progress has been made but, if for any reason a deal is not shortly reached, which it probably