US-Israel launches fresh strikes on Kharg island — why this oil hub is vital for Iran
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The US and Israel have launched fresh strikes on Iran's Kharg Island, a key oil export hub in the Persian Gulf. The island is crucial for Iran's economy, handling nearly 90% of the country's crude shipments, and its disruption can sharply hit Iran's export capacity and global energy markets.
The US and Israel targeted Kharg Island in a fresh wave of attacks, striking Iran's key oil export hub. Multiple explosions were reported on the island, with military targets hit. Kharg Island is the backbone of Iran's oil export system, handling nearly 90% of the country's crude shipments. The island has been heavily industrialised, with storage capacity running into tens of millions of barrels. Its strategic importance extends beyond Iran, situated close to the Strait of Hormuz, a critical oil chokepoint. The strikes mark a significant escalation in the ongoing confrontation involving Iran, the US, and Israel.
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