By Ed Ballard
Exports of oil from Kharg Island, the energy-infrastructure hub that was bombarded by the U.S., resumed Sunday after a two-day interruption, data from vessel-tracking firm Kpler shows. Some 3.8 million barrels of oil had been shipped from the island on Sunday and Monday, Kpler said.
President Trump said the U.S. spared oil facilities in its bombardment but warned he would reconsider that decision if Iran doesn't open the Strait of Hormuz, a vital oil-transit waterway.
Iran has continued exporting oil since the war started, and as of last week its shipments were holding up. There is evidence, however, that oil is backing up in Kharg Island's infrastructure.
The volume of natural gas being flared, or burned off, at Kharg Island has soared in recent days, according to satellite-data firm Capterio. Crude oil can contain dissolved natural gas that gradually separates, and flaring happens when there is nowhere to put the gas. More flaring suggests that as exports have slowed, oil is building up, said Capterio CEO Mark Davis.
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(END) Dow Jones Newswires
March 16, 2026 14:27 ET (18:27 GMT)
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