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Iran's Kharg Island halts oil tanker loading for 4 days, signaling supply disruption amid US blockade.

Market News
13 May 2026
24/7 Wall Street
View Source
Bullish
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Iran's key oil export terminal at Kharg Island has not loaded any oil tankers for four consecutive days, an unprecedented event since the conflict began. This halt may indicate a shortage of storage and tankers, possibly caused by a US naval blockade or an oil slick, impacting global oil supply and prices. With up to 90% of Iran's crude exports going to China, this disruption could give US President Trump leverage in upcoming talks with China. The situation remains uncertain and will be closely monitored for further developments.

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