WIRE — Peloini Kharg Island, 1973. Photo by Unknown author Private collection, Public Domain, Link In a recent FT article by Malcolm Moore and Andrew England, it was revealed that the renewed US naval blockade of Iran has effectively halted oil exports from Kharg Island, Iran's main crude-export terminal. No tankers have reportedly loaded there since July 31, and shipping and satellite data indicate sharply reduced tanker activity. Somewhere near 90% of Iran's crude exports passes through Kharg Island, indicating that the disruption is translating into significantly increased economic pressure on the regime in Tehran. Iran continues to receive revenue from its Read More
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