World · 14 March 2026
US strike on Kharg Island puts 90% of Iran's oil in doubt
Unsplash / Maksym Kaharlytskyi
Global oil supplies could face new market pressure after recent American military actions. On Friday, American forces struck military targets on Kharg Island, which President Donald Trump later confirmed were completely destroyed. The island is key, handling 90% of Iran's vital oil exports and shipping 1.55 million barrels daily via Kharg this year.
Reported by Al-Monitor · How we write briefs