Video: How Kharg Island May Change the Trajectory of the Iran War

Kharg Island exports 90 percent of Iran’s crude oil. It has also become a potential U.S. target. Peter Eavis, our Business reporter, examines how the small island in the Persian Gulf has become a strategic target with significant risks.

By Peter Eavis, Gilad Thaler, Edward Vega, Lauren Pruitt and Joey Sendaydiego

March 25, 2026