Trump Floats Seizing Iran Oil as He Weighs Chinese Leverage Play

Donald TrumpPhotographer: Daniel Heuer/Bloomberg

As President Donald Trump muses about seizing control of Iran’s oil sector, one potential upside is looming in his thinking: expanding US global energy dominance to gain trade leverage against China, people familiar with the matter say.

Trump repeatedly discussed the prospect on Monday, casting it as a boon for the US even as he acknowledged the political risks of further entangling the US in the Middle East.