Hark Island: Iran's core source of revenue, with oil exports primarily destined for China
In March 2026, the U.S. military conducted 15 airstrikes on Hark Island, Iran’s central hub for oil exports, but failed to damage its infrastructure.
According to Axios, Trump is considering occupying the island, which would deliver a "severe economic blow" to Tehran. On March 30, he threatened that if no agreement is reached, he would destroy Iran’s oil and energy facilities.
Hark Island is a strategic location:
- Handles 91% of Iran’s oil exports (1.55 million barrels per day), mainly directed to China.
- Generates $78 billion in annual revenue for Iran, accounting for 22% of the country’s GDP.
- Has an oil storage capacity of 30 million barrels.
Hark Island is vital to Iran’s economy.
Original source: toutiao.com/article/1861311411704844/
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