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The Race to Stabilize Oil Markets as the Iran War Expands

Summary by Oil Price
Everything is about leverage.  Hormuz is no longer the only story as the White House loses control of its version of the narrative. The conflict is shifting toward direct control over physical supply and the infrastructure that moves it. Washington’s answer to Hormuz is Kharg Island, through which some 90% of Iran’s oil exports moved prior to this week. The strategy here was a U.S. strike that targeted military assets but left export infrastruct…
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Why Iran’s Treasure Island, Kharg, Emerges as a Major Variable in War A Strategic Hub Through which 90% of Iran’s Crude Oil Exports Pass A Strike on Iran’s Energy Infrastructure Could Lead to a Counterattack from the Entire Middle East International Oil Prices Could Rise to $150 Per Barrel China, a Regular Buyer of Iranian Crude Oil, Could Also Be the Biggest Victim The US’s Nuclear

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조선일보 broke the news in on Friday, March 20, 2026.
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