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The Times of India

Business / The Times of India

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Why Kharg Island matters: The oil lifeline Trump just put in his crosshairs

A small rocky island, Kharg Island, has become a focal point in US-Iran tensions due to its critical role in Iran's oil exports. US forces struck military installations on the island, deliberately sparing oil facilities to signal leverage without crippling Iran's economy.

16 Mar 2026 9:51 am