Saturday, 08 August 2026

Iran Resumes Oil Exports from Kharg Island After Six-Week Suspension

Business Times News Desk
Disclosure : 21 Jun 2026, 02:30 PM
Iran Resumes Kharg Island Oil Exports After US Blockade
Iran Resumes Kharg Island Oil Exports After US Blockade

Iran has resumed crude oil loading operations at Kharg Island, its main oil export terminal, after nearly six weeks of disruption following the lifting of a US naval blockade.

According to available data, three very large crude carriers (VLCCs) are currently stationed at the Sea Island terminal. Each vessel can transport up to two million barrels of crude oil. Satellite imagery shows that two of the tankers are already docked at the jetty, while a third is approaching the terminal.

European Union satellite images indicate that the jetties remained empty until Friday, with no large tankers seen at the facility since May.

Analysts say Iran moved quickly to restart exports and reactivate its oil supply network after a temporary agreement with the United States helped ease regional tensions. Reports also suggest that tankers anchored near Chabahar port have transported around 20 million barrels of oil during the disruption.

Despite continued security concerns in the Strait of Hormuz, Iran has gradually reopened access for commercial vessels entering the Persian Gulf.

According to shipping data, three oil tankers—Stream, Impala and Lauren 2—have recently entered the Gulf through the Strait of Hormuz.

Kharg Island handles about 90 percent of Iran’s crude oil exports, making it the country’s most important oil export hub.

Analysts estimate that at least 20 additional tankers are waiting in the eastern Gulf, which could further boost Iran’s oil exports in the coming days.

  • Latest

  • Popular

AI Creates 16 New Viruses, Raising Both Medical Hope and Misuse Concerns

1

Prime Minister Attends Doctors Association of Bangladesh Anniversary Event

2

Trilateral Defense Pact Will Contribute to Security and Countering Terrorism: Erdogan

3

Low Pressure Likely in Bay of Bengal This August, Flash Floods Possible

4

India Clarifies Stance on Sheikh Hasina’s Press Conference Amid Dhaka’s Strong Protest

5

Police Warn Against Rumors Targeting High-Ranking Officials and State Figures

6

Shakib Al Hasan Ready to Face Trial in Bangladesh if Security Guaranteed: Reuters

7

Government Aims to Ensure Healthy, Sustainable Environment for Mass Media: Information Minister

8

Oil Prices Rise as Iran Proposes Hormuz Transit Fees Amid Shipping Uncertainty

9

Special Parliament Session Called for Bangladesh Presidential Vote

10

3 Children Die of Measles Symptoms, 1,218 New Cases Reported

11

Sri Lanka Deploys Troops to Contain Growing Prison Unrest

12

Bandarban Appoints New Midwives for Remote Healthcare

13

Saudi Expatriate’s Body Recovered from River in Sadullapur

14

National University Offers Fully-Funded Scholarships for SAARC Students

15

Democracy Does Not Go with Awami League: Mirza Fakhrul

16

PM Tarique Rahman to Visit Chittagong for Flood Relief

17

Thunderstorms and Gusty Winds Forecast for 12 Districts

18

People Will Not Accept Politics of Those Involved in Genocide and Crimes Against Humanity: Home Minister

19

HSC Examinee Drowns at Sugandha Point in Cox's Bazar

20