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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 6/9:

China has emerged as a significant client, purchasing vast quantities of Iranian oil under the guise of other origins to circumvent sanctions. With Khark Island, a crucial oil export point, at the center of Iran's operations, the stakes continue to rise.

The Strategic Significance of Khark Island

At mere 7.7 square miles, Khark Island is positioned as Iran's lifeline, facilitating roughly 90% of the country's oil exports. If this site were to be targeted and incapacitated, Iran's oil export capacity would plummet, causing a ripple effect across global markets. The constraints of the Persian Gulf create vulnerabilities leading observers to ponder why Israel and its allies have yet to consider an offensive against this vital asset.