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The Business Standard

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August 31, 2026

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MONDAY, AUGUST 31, 2026

Kharg Island

Kharg Island

A satellite image shows likely oil spill covering dozens of square kilometers near Iran's Kharg Island, May 6, 2026. Photo: EUROPEAN UNION/COPERNICUS SENTINEL-2/Handout via REUTERS

Iran dismisses Trump's post of attack on key energy hub of Kharg

Several hours after the post, there was no evidence Kharg had been attacked

Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 27, 2026. Photo: Reuters

Trump says Iran's Kharg being 'blown to smithereens', but gives no details

A satellite image shows likely oil spill covering dozens of square kilometers near Iran's Kharg Island, May 6, 2026. Photo: EUROPEAN UNION/COPERNICUS SENTINEL-2/Handout via REUTERS

Iran denies reports of oil leak near Kharg Island export hub

A satellite image shows likely oil spill covering dozens of square kilometers near Iran's Kharg Island, May 6, 2026. Photo: EUROPEAN UNION/COPERNICUS SENTINEL-2/Handout via REUTERS

Suspected oil spill seen on satellite images near Iran's Kharg Island export hub

A satellite image shows an oil terminal on Kharg Island, Iran, on 25 February 2026. File Photo: Planet Labs PBC/Reuters

Why Kharg Island is central to the US-Iran standoff?

A satellite image shows an oil terminal on Kharg Island, Iran, on 25 February 2026. File Photo: Planet Labs PBC/Reuters

Trump says US has 'options' on Kharg Island, including takeover

An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, 11 March 2026. REUTERS/Benoit Tessier/File Photo

Trump warns of more strikes on Iran's Kharg Island, pressures allies to secure oil chokepoint

A satellite image shows an oil terminal on Kharg Island, Iran, on 25 February 2026. File Photo: Planet Labs PBC/Reuters

Iran warns civilians to evacuate UAE ports as US strikes Kharg Island

A satellite image shows an oil terminal on Kharg Island, Iran, on 25 February 2026. File Photo: Planet Labs PBC/Reuters

Why Kharg Island matters in the Middle East and global oil markets

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