Why Trump has his sights on Iran's Kharg Island — and what it means for the oil market

Trump's decision to order strikes on Kharg Island has pushed one of the world's most critical oil hubs into the center of the escalating U.S.-Iran conflict.

# Why Trump has his sights on Iran's Kharg Island — and what it means for the oil market Trump's decision to order strikes on Kharg Island has pushed one of the world's most critical oil hubs into the center of the escalating U.S.-Iran conflict. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/16/trump-iran-kharg-island-strikes-oil-exports.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*