US weighs seizing Iran’s Kharg Island, risking oil-market shock

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Source: CNBC
US weighs seizing Iran’s Kharg Island, risking oil-market shock
Photo: CNBC
TL;DR Summary

US discussions to seize Kharg Island, Iran’s main crude-export terminal, are viewed as highly risky and would likely require ground forces; disrupting the hub—responsible for roughly 90% of Iran’s crude exports and about 7 million bpd capacity—could trigger a sharp rise in global oil prices, though officials say options remain on the table and a quick end to fighting isn’t guaranteed.

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