MARKETS

TASI 11,268 -0.1% UAE Index $18.54 -0.6% EGX 30 46,399 -0.7% Gold $4,714 -2.1% Oil (Brent) $106.50 +5.3% S&P 500 6,560 -0.2% Bitcoin $66,782 -1.9%

العربية

Kharg Island seizure

Analysis

What Is Kharg Island? Iran's $60 Billion Oil Hub That Trump Wants to Seize

Kharg Island is a T-shaped island in Iran's northern Persian Gulf that handles 90% of the country's crude oil exports — approximately 2.5 million barrels per day worth $105 billion annually at current prices. Trump's…

Mar 30, 2026