Why is it in the news?
Escalation in West Asia after US strikes on Iran’s Kharg Island and Iran’s retaliation in UAE.
The attacks threaten global oil supply chains and shipping routes.
Category: IR
Important Points:
● Kharg Island is located in the Persian Gulf about 25 km off Iran’s coast.
● It handles about 90% of Iran’s crude oil exports.
● It is connected to major oil fields like Ahvaz, Marun and Gachsaran.
● It has storage capacity of around 30 million barrels of oil.
● Fujairah is one of the seven emirates of UAE located on Gulf of Oman.
● It is the only UAE emirate without coastline on Persian Gulf.
● Habshan–Fujairah pipeline allows bypassing Strait of Hormuz.
● Port of Fujairah is one of the largest oil storage and bunkering hubs.
● Attacks threaten global oil markets and maritime chokepoints.