Trump threatens Kharg Island

United States Central Command struck more than 90 Iranian military targets on Kharg Island in the Persian Gulf on March 13, but notably spared oil and energy infrastructure there, likely out of concern for rising global oil prices. Iran exports about 90 percent of its oil from facilities on this one island. President Trump said that if Iran continues to threaten oil and other shipments in the Strait of Hormuz, the military would strike the oil infrastructure as well—but this, like Iran’s targeting of shipping, would spike energy prices around the world.