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Financial Times
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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

Key Question

Why did Trump choose the Financial Times for his sharpest Iran oil threat?

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Background

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.

Key Issues
Presidential access

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.

Common Questions

Trump names Kharg Island to the FT

Why did Trump give an interview to the Financial Times?
Trump chose the FT, which has a predominantly international readership of investors, policymakers, and foreign governments, to signal his Iran oil ambitions to global energy markets and foreign capitals. The interview ran on the same day as a failed diplomatic summit in Islamabad.Source: Financial Times
What did Trump tell the Financial Times about Iran?
In an interview published on 30 March 2026, Trump told the FT that seizing Iranian oil was his "favourite thing" and specifically named Kharg Island, the terminal handling roughly 90 per cent of Iranian crude exports. He also claimed Tehran had accepted most of a US 15-point framework.Source: Financial Times

Reference

What is the difference between the Financial Times and Bloomberg?
Both cover global financial news, but the FT is a newspaper with editorial journalism and opinion, while Bloomberg is primarily a data and terminal service. The FT is independently edited and based in London; Bloomberg is US-based and revenue-driven by its terminal subscriptions.
What is the Financial Times?
The Financial Times is a London-based international business newspaper founded in 1888. It is owned by the Japanese media group Nikkei, which acquired it from Pearson in 2015 for £844 million. It has roughly three million digital subscribers worldwide.Source: FT
Is the Financial Times part of a US media company?
No. The Financial Times is owned by Nikkei, a Japanese media group. It is headquartered in London and subject to UK press law.Source: Financial Times
What did Trump say about Kharg Island in the Financial Times?
In a 30 March 2026 interview, Trump told the FT that seizing Iranian oil was his "favourite thing" and named Kharg Island (Iran's terminal handling roughly 90 per cent of its crude exports) as the target.Source: event