Oil prices rose sharply Tuesday (April 7) morning amid the United States' strike on Kharg Island, which provides a sea port for the export of 90% of Iran's oil products and stores up to 30 million barrels.

U.S. Crude Oil was reported to have risen past $115 per barrel, having previously been valued at $111 on Monday (April 6) and $99 one week prior, according to TradingEconomics.com. Brent Crude Oil, which serves as the primary global benchmark for Atlantic basin crude oils, was reported to have risen past $110, after being valued at $98 on Monday and $97 one week prior.

The average price of gas in the United States was reported to be $4.140 on Tuesday, which was an increase from $4.119 on Monday; $4.018 one week prior; $3.413 one month prior; and $3.259 one year prior, according to the American Automobile Association. The U.S. military reportedly struck dozens of Iranian military targets on Kharg Island.

The mission reportedly included airstrikes on the island's northern side but didn't include any U.S. troops on the ground, nor did it strike the oil, rather targeted military bunkers and storage facilities, air defense systems and other military facilities, the official confirmed. The strikes occurred amid President Donald Trump's threat that "a whole civilization will die tonight, never to be brought back again" in a post shared on his Truth Social account.

"A whole civilization will die tonight, never to be brought back again. I don’t want that to happen, but it probably will," Trump wrote. "However, now that we have Complete and Total Regime Change, where different, smarter, and less radicalized minds prevail, maybe something revolutionarily wonderful can happen, WHO KNOWS? We will find out tonight, one of the most important moments in the long and complex history of the World. 47 years of extortion, corruption, and death, will finally end. God Bless the Great People of Iran!"

Trump had previously gone on a tirade against Iran and appeared to mock the praising Allah, the Arabic term for the one, supreme, and universal God in Islam, while telling the regime to "open the f**kin" Strait of Hormuz or he'd ensure the Islamic Republic's leaders end up in hell in a Truth Social post shared on Easter Sunday.

“Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran,” Trump posted on Truth Social. “There will be nothing like it!!! Open the F**kin’ Strait, you crazy b*****ds, or you’ll be living in Hell - JUST WATCH! Praise be to Allah. President DONALD J. TRUMP."

Trump warned that Iran had until Monday (April 6) to accept his proposed peace deal or he would consider “blowing everything up and taking over the oil" via FOX News. Iran officials previously vowed to escalate the ongoing war amid Trump's threats.

Iran's Revolutionary Guards warned that the Islamic Republic would increase attacks on oil and civilian infrastructure facilities if the U.S. and Israel followed through on their own escalation plans. The public warning came after Iran had already claimed responsibility for attacks on petrochemical plants in the United Arab Emirates, Bahrain and Kuwait, a key U.S. ally in the region, that took place over the weekend.

Kuwait suffered the heaviest damage, with two power and one water desalination plants being hit and damaged during the 24-hour attacks, according to its Electricity and Water Ministry. The Islamic Revolutionary Guard Corps also warned of potential strikes on U.S. economic interests in the Middle East if civilian attacks in Iran continued.

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