Why a strike on Iran’s Kharg Island would shake oil markets

March 11, 2026
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WHAT’S BEEN HAPPENING AT KHARG ISLAND DURING THE US-ISRAEL STRIKES?

Iran increased loadings of oil at the terminal before the conflict began and tankers continued to fill there after hostilities broke out – probably because Iran’s government wanted to get as much of the country’s crude as possible onto the water and out of harm’s way. …

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