US President Donald Trump has threatened to seize Iranian oil exports, sparking concerns about global markets. The Pentagon is reportedly planning to make a grab for Kharg Island, a key hub for Iranian crude exports.

What could possibly go wrong? As Donald Trump repeats threats of a Venezuela-style seizing of Tehran’s oil exports, as US assault troops get in position, the price of oil blowing past 110 dollars a barrel, and as markets take it at face value that the Pentagon's planning to make a grab for Kharg Island - the hub for nearly 90-percent of Iranian crude exports...