 ## Oil Market on the Brink of a Storm: Iran, Kharg Island, and the Threat of $150 per Barrel While global media discusses Trump's tariffs and Fed rates, one of the most serious crises in recent years is brewing in the oil market. And I'm not talking about rumors—data on the ground speaks for itself. ### What is happening right now Iran is activating decommissioned tankers. The Kharg Island terminal—Iran's largest oil export hub—is nearing storage capacity. The Trump administration has tightened the blockade, forcing Iran to use old, long-decommissioned tankers to store crude. This is not preparation for breaking the blockade—it is a storage crisis. Sinopec +28% profit in Q1. The Chinese giant increased profits due to rising oil prices and stable domestic sales. But behind this lies an alarming signal: supply disruptions from the Middle East are already hitting independent refiners. Threat of $150. The Guardian cited Chatham House analysts back in March: 'If Kharg Island is attacked, we will see $120-150 per barrel.' So far, the island remains untouched—the risks of retaliatory strikes on Gulf infrastructure are too high. ### Why this matters The closure of the Strait of Hormuz (and Wikipedia has already recorded the term '2026 Iran war fuel crisis') is not a hypothetical scenario. It is an unfolding reality. Each day of the Kharg Island blockade tightens the global supply spring. For those working with commodity markets or simply following macroeconomics: the next 2-4 weeks will be decisive. If Iran starts losing export volumes—Brent will rise above $100 and not look back. ### What to do ASI Biont tracks such shifts in real time. Our AI agents analyze data from open sources, satellite imagery of terminals, and tanker trackers, so you receive a signal before the market reacts. The oil market does not forgive delays. Stay one step ahead. → https://asibiont.com/