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2024-10-06 07:11:23
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Summary of Satellite imagery show Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack

Summary of Satellite imagery show Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
https://image.cnbcfm.com/api/v1/image/108043240-1728032016939-Kharg_smaller_sat_1.PNG?v=1728032271&w=1920&h=1080

The source article:
Satellite imagery show Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
https://image.cnbcfm.com/api/v1/image/108043240-1728032016939-Kharg_smaller_sat_1.PNG?v=1728032271&w=1920&h=1080

Fifteen miles off Iran's northwestern coast, the Kharg Island terminal handles more than 90% of the country's crude exports.

https://www.cnbc.com/2024/10/04/iran-oil-tankers-disappear-from-local-port-amid-israel-attack-fears-satellite-images-show.html


The emptying of oil tankers around KHARG ISLAND in Iran has sparked concerns of a potential Israeli counterattack on Tehran's energy infrastructure. Satellite imagery indicates the disappearance of VLCC tankers following Iran's missile strike on Israel. The development is unprecedented since the 2018 sanctions, raising fears of disruption to global oil supply. Analysts predict a potential 5% spike in oil prices if the terminal is attacked, risking 4% of global oil supply. The interconnected nature of the region's critical energy infrastructure leaves it vulnerable. Oil prices have already surged, with markets anticipating a severe Israeli response. Talks on potential Israeli strikes on Iranian oil facilities are ongoing, further complicating the situation.
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