Kharg Island: The Oil Terminal That Could Spark Global Crisis
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Kharg Island: The Untouched Oil Hub in Irans Conflict - The US and Israel have refrained from targeting Irans key oil terminal on Kharg Island, which handles 90% of Irans crude exports. This strategic move aims to prevent global oil prices from skyrocketing to $150 per barrel. Despite strikes on around 5,000 targets in and near Iran, oil infrastructure remains off-limits. Kharg Islands deep-water access makes it a crucial loading point for massive tankers, primarily bound for China. Its destruction could cripple Irans economy and spark a major crisis, with global ripple effects, especially considering the disruption of another 3.5 million barrels a day from Iraq.
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