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0.000244481698798523 6.9851913942577E-05 -6.98519139423785E-05 -0.000174629784855946 -0.00200824252584517 -0.0034925956971221 -0.00260198379435598 -0.00260198379435598
Stock impact report

Explainer: Why Kharg Island is vital to Iran and the global economy [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Kharg Island is central to Iran's oil exports and therefore to its economy. Any attack on its energy infrastructure could also have serious consequences for global oil markets that have already been pushed to the brink. Concerns about a wider energy crisis intensified on Monday as war in the Middle East continued and the Strait of Hormuz, a key shipping route for global energy supplies, remained closed to many tankers. Around 20% of the world's oil trade normally passes through the strait. Attention has now turned to Kharg Island, Iran's main oil export hub. US President Donald Trump has threatened to target the island's oil infrastructure unless Tehran allows shipping to resume through the strait — a step Washington has historically avoided, so far. Why Kharg Island is vital to Iran's oil network The importance of Kharg Island lies in its role as the centre of Iran's export system. About 90% of Iran's crude oil exports leave the country via the island, much of it destined Show less Read more
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