Oil disruption from US attack on Iran's export hub likely temporary, precautionary: JPMorgan

Iran Herald · March 16, 2026 Sanctions

New Delhi [India], March 16 (ANI): The recent US military strike on Iran's Kharg Island is expected to have only a limited impact on global oil supply, according to a report from JPMorgan. Early information suggested that the attack targeted military positions while avoiding the island's oil infrastructure, allowing exports to continue for now.