Politics. Economics. Markets. — The Authoritative Voice on the Middle East
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…
President Trump told the Financial Times he wants to 'take the oil in Iran,' with US officials eyeing…
Kharg Island processes roughly 90% of Iran's oil exports — about 2.5 million barrels per day. Washington Post…