US strikes Kharg Island military sites: Iran Oil exports threatened - News Summed Up

US strikes Kharg Island military sites: Iran Oil exports threatened


Subscribe to Newsletter to get latest insights & analysis in your inbox. Download the ETEnergyworld App and get the Realtime updates and Save your favourite articles. Brent crude closed above $100 a barrel on Friday and is at its highest level in almost four years. The US military said it destroyed missile and naval-mine storage infrastructure.Fars also said that oil exports from Kharg are continuing as normal following the strikes.In the days leading up to the US-Israeli attacks, Iran ramped up exports from Kharg to near record levels of over 3 million barrels per day, JPMorgan Chase & Co analysts, including Natasha Kaneva, said in a research note. The figure is broadly in line with the numbers from the previous few days.


Source: Economic Times March 15, 2026 07:25 UTC



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