A bold option now open to the administration that would be unthinkable just a year ago due to Iranian defensive and retaliatory capabilities is the seizure of Kharg Island. I am not sure the exact totals, but believe about 90% of Iranian export leaves from Kharg. Unlike a mainland incursion, Kharg, which is 15 miles from the mainland, could be relatively easily defended from Iranian counter attack. I would have to assume they would also want to be careful of destroying those critical facilities. Should the regime survive in some form, it would represent a significant bargaining chip in exchange for something like their enriched uranium stockpile.
Curious the thoughts of the petroleum industry experts in our discussion. Assuming the terminal is not severely damaged, what does that do to the price of crude?
Curious the thoughts of the petroleum industry experts in our discussion. Assuming the terminal is not severely damaged, what does that do to the price of crude?
