Kharg Island – through which 90% of Iran’s oil exports flow – is arguably the country’s most sensitive economic target but the export terminal has so far remained untouched throughout the US-Israel bombing campaign. Experts say bombing or capturing the site with US forces would be likely to cause a sustained increase to already surging oil prices, as it would amount to taking the entirety of Iran’s daily crude exports offline. “We may see the $120 a barrel price we saw on Monday heading to the $150 if Kharg were attacked,” said Neil Quilliam, with the Chatham House thinktank. “It’s
Inside the Australian hotel where Iranian footballers escaped to claim asylum
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