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Will see if Iran's Kharg Island becomes US asset: US Treasury Secy
short by Udit Gupta / on Thursday, 19 March, 2026
US Treasury Secretary Scott Bessent suggested that Iran's Kharg Island, a key hub handling about 90% of the country's oil exports, could potentially become a US asset. He said, "We will see what happens." The remarks come after recent US strikes targeted military sites on the island. The US military, however, had spared the oil infrastructure.
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