"Trump said on Friday US forces had totally obliterated all military targets on Iran's Kharg Island oil export hub, describing it in a social media post as one of the most powerful bombing raids in the History of the Middle East. He provided no evidence of that. The US president said he had chosen not to wipe out oil infrastructure on the Iranian island, for now."
"Tehran threatens to reduce US-linked oil facilities in the region to a pile of ashes if oil structures on the island are targeted. United States President Donald Trump has said the country's military bombed military installations on Iran's Kharg Island, warning the area's critical oil facilities could be next if Iran continues to block the Strait of Hormuz."
"Al Jazeera's Mohamed Vall, reporting from Tehran, said Iran's potential retaliatory attacks on Gulf oil facilities would be a catastrophic scenario for the region, and for the entire industry of oil and gas. The Iranians are keeping this, apparently, as a card to use."
The US military conducted extensive bombing operations on Iran's Kharg Island, where over 90 percent of Iran's oil exports occur. President Trump claimed the strikes obliterated all military targets and warned that oil infrastructure could be targeted if Iran interferes with Strait of Hormuz shipping. Iran responded with threats to reduce US-linked oil facilities to ashes if oil structures on the island are attacked. The conflict, now in its third week, has triggered a global oil price crisis with crude prices surging over 40 percent. Iran's Fars news agency reported 15 explosions on the island targeting air defenses, naval bases, and airports, with no damage to oil infrastructure. Regional analysts warn that potential Iranian retaliatory attacks on Gulf oil facilities would create catastrophic consequences for the global oil and gas industry.
#us-iran-military-conflict #kharg-island-bombing #oil-price-crisis #strait-of-hormuz #regional-escalation
Read at www.aljazeera.com
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