Iran has warned that it will destroy all regional energy infrastructure cooperating with the US if such attacks are carried out. In addition to the hub at Kharg, officials are reviewing potential parallel strikes on Pickaxe Mountain, as the administration seeks a foreign policy victory to counteract concerns over electoral losses.
Tuesday, October 20, 2026
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Trump Plans Strikes on Hub Handling 90% of Iran's Oil Exports
Commodities1 day ago
The United States is assessing the viability of precision military attacks on Iranian oil loading terminals and storage facilities to gain leverage over the nuclear program. The targeted site, Kharg Island, facilitates about 90% of Iran's oil exports, and the Trump administration has discussed options for large-scale strikes with the CIA and the Department of Defense to secure concessions regarding the Strait of Hormuz before the November 3 midterm elections.
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