President Trump is working to assemble a coalition of countries to reopen the Strait of Hormuz and hopes to announce it later this week, four sources tell Axios. Trump is also weighing a seizure of Iran's critical oil depot on Kharg Island — a move that would require U.

Kharg Island is a small, heavily fortified, and strategically valuable island off Iran's northern coast.

Trump ordered strikes on Iranian military assets on Kharg Island, one of Tehran’s most critical oil hubs. Kharg handles about 90% of Iran’s crude exports, making it vital to Tehran’s economy and oil markets. Analysts said any hit on Kharg risked ...

Kharg Island lies about 15 miles off the coast of Iran in the Persian Gulf and is critical to the nation’s economy. Iran’s energy industry depends on the landmass. It’s where about 90% of Iran’s crude oil exports are processed and millions of barrels of oil are also stored. Pipelines from some of Iran’s biggest oil fields connect to Kharg.

Axios reports President Donald Trump is working to assemble a multinational coalition to reopen the Strait of Hormuz amid Iran’s blockade, but also weighing the possible seizure of Kharg Island.

A small island in the Gulf has become a flashpoint in the widening war involving Iran, the United States and Israel. Kharg Island handles almost all of Iran’s oil exports – making it a vital economic

President Donald Trump announced that U.S. forces "totally obliterated" every military target on Iran's Kharg Island, a ket oil export site for Iran.

Sen. Lindsey Graham (R., S.C.) said the bombing of [Kharg Island](