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Mar 10, 2026 8:00 AM

Will Trump Cripple Iran's Oil Exports By Targeting Kharg Island?

In the ongoing Iran conflict, U.S. and Israeli officials are contemplating the possibility of seizing or neutralizing the Kharg Island, Tehran’s main oil export hub.

The strategic objective is to significantly curb Iran's oil revenues, its main source of foreign currency and government funding, thereby increasing economic pressure on the country. Oil exports generate tens of billions of dollars annually and remain Iran's principal link to the global economy, making them a key target for pressure strategies, Axios reported on Monday.

On Saturday, Yair Lapid, the Israeli opposition leader and a former prime minister, posted on X that Israel "must destroy” the facilities on Kharg Island to “cripple” Iran’s economy.

ישראל צריכה להשמיד את כל שדות הנפט ותעשיית האנרגיה של איראן באי ח'ארג', זה מה שירסק את כלכלת איראן ויפיל את השלטון. המלחמה הזו חייבת להסתיים כשהשלטון באיראן נפל, מתקני הגרעין הושמדו, כל תעשיית הטילים הבליסטיים הושמדה, וחיזבאללה הושמד בלבנון.

— יאיר לפיד – Yair Lapid (@yairlapid) March 7, 2026

Kharg Island, in the Persian Gulf, is situated roughly 16 miles off the coast of Iran and 300 miles from the Strait of Hormuz. The island handles roughly 90% of Iran's crude ...