A bomb on this Iranian island could shock the world, 90% of Iranian oil passes through.

A bomb on this Iranian island could shock the world, 90% of Iranian oil passes through.

While some argue about the destruction of the terminal through which 90% of Iran's oil exports flow, others warn of a global market crash, reports The Guardian, transmnet Periscope. Kharg Island through which 90% of Iran's oil exports flow is certainly the most sensitive economic goal of [...]

While some argue the destruction of the terminal through which 90% of Iran's oil exports flow, others warn of a global market crash, reports The GuardianTransmission Periscope.

Kharg Island, through which 90% of Iran's oil exports flow, is certainly the country's most sensitive economic target, but the export terminal has so far remained intact during the entire US-Israel bombing campaign.

Experts say the bombing or capture of the country by American forces would likely cause a steady increase in oil prices that are already on the rise, as this would represent the interruption of all Iranian daily crude oil exports.

We can see that the $120 barrel price we saw on Monday will amount to $150 if Kharg is to be attacked”, Neil Quilliam, from the Chatham House expert group, said. “is very vital for global energy markets”.

Although the United States has hit 5,000 targets in Iran and around, so far has refrained from shelling the country's oil infrastructure although oil prices remain nearly $20 per higher barrels due to the fear of Iranian revenge it actually has. Close the Strait of Hormuz For the tank traffic.

Israel's Air Force hit two oil refinerys and two warehouses Saturday, placing Tehran in what some residents described as one Bay” apocalypse”, And the thick black smoke came down upon the capital. But there has been no attack ever since.

Kharg, a five-mile-long coral island in the Persian Gulf, 42km from the continent, is where pipelines from Iran's oil fields in the centre and west of the country end. Founded by an American conglomerate of oil, Amoco, it was conquered by Iran during the 1979 revolution.

While much of Iran's coastline is muddy and too shallow for huge crude oil tanks used by the oil industry, Kharg is quite near deep waters. Satellite images reveal large loading docks that emerge from its eastern shore.

Usually, between 1.3 million and 1.6 million barrels of oil per day pass through Kharg, although Iran increased volumes to 3 million per day in mid-February, according to the investment bank JP Morgan, pending a US-led attack. Another 18 million barrels are stored in Kharg as a reserve, the bank added.

Media reports have suggested the White House's interest, including a brief reference to an Axios report Saturday that officials had considered the “capture of Kharg”. US Defence Secretary Pete Hegseth has not ruled out the attack on Iran with ground forces, although there are no large number of American troops in the region.

 

Michael Rubin, a senior Pentagon adviser to Iran and Iraq in the administration of George W. Bush, Said last week that he had discussed the idea with White House officials, arguing that this could be a way of economically damaging the Iranian regime. “If they cannot sell their oil, they cannot secure salaries”, he said.

Before the last US-Israel offensive, much of Iran's crude oil was exported to China. But the interconnected nature of the market means that a permanent loss of export supply would affect prices on a global level, at a time when another 3.5 million barrels a day, mainly from Iraq, are also out of place due to the closure of Hormuz.

The destruction of Kharg or damage of the country's export “contains the risk of causing an increase in the price of oil affecting the economy, which would not drop at speed”, argues Lynette Nusbacher, a former British Army intelligence officer. Israel did not attack him in the 12-day war last summer, and its complex infrastructure could take years to repair.

There is also a long-term political argument. <x0-IIul Kharg is enough important to the Iranian economy that the destruction of its objects would give up any claim to wage a war to create a brighter future for Iran”, Nusbacher argues, because it would deny a regime a life-born oil income.

An attempt to conquer the island, in view of its size, is likely to require considerable and sustained operation greater than a typical Special Forces intervention. Although an American invasion in theory would give the White House influence over Tehran, Quiliam argued it was very likely that such an attempt would be self-destructive.

If the U.S. would capture it, then you're dividing the Iranian oil industry. Iran would have production, but could not export, while the United States would not be able to produce. This would put markets in a difficult situation; this is a real deadlock”, the analyst said.

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