
Financial Times
London-based global financial and business newspaper owned by Nikkei since 2015.
The Financial Times secured Donald Trump's most direct public statement on Iran's oil infrastructure on 30 March 2026, when he named Kharg Island and called seizing Iranian oil his "favourite thing" while claiming Tehran had accepted most of a US framework.
Last refreshed: 26 July 2026 · Appears in 3 active topics
Why did Trump choose the Financial Times for his sharpest Iran oil threat?
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Iran Conflict 2026Background
The Financial Times is a daily newspaper founded in 1888 in London, now owned by Japan's Nikkei, which bought it from Pearson in 2015 for GBP 844 million. With roughly three million digital subscribers, it is one of the most-cited English-language sources on global finance, economics and geopolitics, reaching institutional investors and policymakers across more than 100 countries.
Its rigorous fact-checking makes it a trusted outlet for senior officials who want to signal to capital markets rather than a domestic political audience. As a source entity for Lowdown, the FT functions as a trusted primary record rather than an advocacy voice: it is subject to UK press standards, headquartered in London, and editorially independent of Nikkei's commercial interests.
Its reporting has continued to cover the practical effects of the Hormuz shipping freeze, citing operators waiting for on-water conditions to change before routing tankers back through the strait , the same market-facing beat that made it the venue for Trump's Kharg Island remarks.
Trump names Kharg Island to the FT
Trump told the Financial Times on 30 March that his "favourite thing is to take the oil in Iran", naming Kharg Island directly as a target. In the same interview he claimed a peace deal "could be soon" and acknowledged that killing Iran's leaders would constitute regime change, contradicting weeks of denials .
The timing mattered as much as the words: Pakistan was at that moment offering to host direct US-Iran talks, and the Islamabad summit closed without a communique the same day. No country negotiates seriously while the other side is publicly describing plans to seize its primary revenue source, and the FT's choice as the vehicle carried its own signal, aimed at global capital rather than a domestic US audience.