U.S. President Donald Trump threatens to launch major strikes on Iran and seize control of its oil and gas industries as continuing attacks between the warring countries pushed the Middle East closer to the resumption of a full-scale war. Trump compared his plans for Iran to how the U.S. assumed control of Venezuela’s oil sector after ousting its then-president earlier this year. The threats come after the U.S and Iran traded strikes for a second straight day and, while stark, represented Trump's latest verbal escalation in the Iran war. In April, he warned Iran that “a whole civilization will die tonight, never to be brought back again” if it didn’t agree to his terms, before extending a ceasefire in the war.