Kharg Island serves as the centerpiece for Iran's oil industry, accounting for roughly 90% of the country’s crude exports.

Donald Trump is considering seizing an Iranian island to choke off the regime’s oil revenues, a US official has suggested.

Global energy markets have been rocked by the U.S. war with Iran, as shipments through the Strait of Hormuz have been all but completely cut off. But one location that has not been hit is Kharg Island,

Iran continued loading crude onto tankers at its Kharg Island oil terminal on Saturday, a week after the US and Israel launched air attacks against the Persian Gulf country. It’s unclear whether loading operations have continued,

Despite having the advantage of blocking the Iranian authority economically in the middle of the war, the US and Israel decided to draw a redline in the area

French President Emmanuel Macron ordered the French frigate Languedoc to waters off Cyprus, a fellow European Union member, to bolster its anti-drone and anti-missiles defenses.

Analysts say the reason is simple: hitting Kharg could cripple Iran’s economy — but it could also trigger a major escalation and shock global oil markets.

The USA and Israel claimed that Iran may develop nuclear weapons, and therefore conducted their strikes in order to prevent this from happening.