(World Oil) – President Donald Trump threatened additional military action against Iran on Thursday and suggested the U.S. could eventually target key Iranian oil export infrastructure, including Kharg Island, the country’s primary crude export terminal. Trump said the United States would strike Iran again following the collapse of a two-month ceasefire over the weekend. In a post on social media,
(World Oil) – The U.S. carried out strikes near Iran’s Kharg Island early Tuesday, targeting military sites while avoiding key oil export infrastructure, as tensions in the region continue to inject volatility into global energy markets. U.S. forces hit bunkers, radar systems and ammunition storage facilities on the island, according to reports, in a renewed round of attacks similar to
(Oil Price) – Iranian oil tankers have moved away from Kharg Island, Iran’s biggest oil export terminal, amid fears of an imminent Israeli attack on the most important crude export infrastructure in Iran. Satellite images and tanker tracking companies have detected the major exodus of Iranian tankers away from Kharg Island, which handles about 90% of Iran’s all oil exports,
