Trump floats seizing Iran oil as deadline looms for nuclear deal: report (CO1:COM:Commodity)

U.S. President Donald Trump is weighing a dramatic escalation in the standoff with Iran, including the potential seizure of the country's oil resources, while simultaneously expressing confidence that a diplomatic breakthrough could come within days, according to remarks relayed in a televised Seizing Iranian oil would likely disrupt supplies and could increase global energy prices, causing market volatility and instability. Military action targeting Iranian infrastructure could escalate regional tensions, threaten critical trade routes like the Strait of Hormuz, and increase risk of broader conflict. Trump claims there is a strong chance of near-term agreement, but also emphasizes severe consequences if talks fail, indicating negotiations remain uncertain and high stakes.