US-Iran War: Kharg Island's Seizure Likely to Cut Off IRGC's Economic Lifeline
Edited By WION Video Desk
Published: Mar 29, 2026, 07:30 IST | Updated: Mar 29, 2026, 07:30 IST
Reports suggest that the possible seizure of Kharg Island could deal a major blow to Iran’s economy and the financial backbone supporting its security establishment, including the Islamic Revolutionary Guard Corps (IRGC). The island handles nearly 90% of Iran’s crude oil exports, making it one of Tehran’s most critical strategic assets.
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