Bret Stephens thinks Trump can bring the Iranian regime to its knees by invading and occupying Kharg Island. Trump apparently agrees, up to a point; he attacked military facilities on the island by air, and is threatening to demolish the oil facilities, as well. The thought is that the prospective loss of oil revenues for an indefinite period will be enough to make the regime capitulate. Will that work?
The Stephens plan would involve the use of ground troops, which is a red line for Trump. It would result in a substantial number of casualties and, in all likelihood, the destruction of the oil facilities, which would eliminate any leverage. Trump’s plan has fewer risks, but the regime is unlikely to give in to his threats, partly because any American effort to reduce Iran’s ability to produce and transport oil will have a negative impact on the markets.
In other words, probably not.