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President Donald Trump says the U.S. has carried out the “most powerful bombing raids in Middle East history” on Kharg Island.
Kharg Island handles ~90% of Iran’s crude exports, roughly 3,000,000 barrels per day, about 2% of global oil supply.
Trump said the U.S. did not destroy the oil infrastructure for now.
But warned it could be targeted if Iran interferes with ships in the Strait of Hormuz.
Oil markets could open to chaos.
Damnn.