💨 Abstract

Iran's Oil Minister Mohsen Paknejad visited Kharg island, Iran's largest oil terminal, amid concerns of potential Israeli attacks. Israel has threatened to retaliate following Iran's missile attack last week. The oil terminal has the capacity to store 23 million barrels of crude. China, Iran's main client, imported 1.2 to 1.4 million barrels per day from Iran in the first half of 2024.

Courtesy: theprint.in

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