At least 500 people were injured after a massive detonation shook Iran's largest and most strategical sea hub in the confederate state of Hormozgan in the Strait of Ormuz.
Iranian state media Tasnim reported that the detonation occurred on Saturday at the Shahid Rajaee port. The communication states that "port remains in a state of chaos", and many buildings have been destroyed.
Tasnim reported that the fuel tank "exploded for an unknown reason", and port operations were closed. The IRIB State average study stated that the detonation occurred in the chemical and sulphur region of the port.
Port Shahid Rajaee, designated as the peculiar economical Zone, serves about 85% of all port operations in Iran. Its yearly capacity is about 70 million tonnes, including 6 million TEU of containerised cargo. The port covers an area of 2,400 hectares and has 40 berths and 19 hectares of warehouses.
The port besides serves as a critical node for Iranian oil exports, equipped with docks that can accommodate large tankers. These installations make it possible to export around 34 million tonnes of petroleum products per year, including petrol, naphtha, gas condensate, marine fuel and mazutu.
At the same time, Iranian and American officials began the 3rd circular of negotiations in Oman's capital, Maskat, on the destiny of the muslim Republic's atomic program. Here are more colors in the second round.
Negotiations aim to suppress the Iranian atomic programme in exchange for the abolition by the US of certain economical sanctions imposed on the muslim Republic.
President Trump threatened to launch raids on Iran's critical infrastructure unless an agreement was reached.
Last month, the United States began deploying stealth bombers in Diego Garcia – frequently referred to by Washington as an "unsinkable air carrier" – located between Africa and Indonesia, about 1,000 miles south of India. The island serves as a critical starting point for stealth bombers in the event of a war with Iran. The location of the bombers on the island, at the distance of impact, made Tehran very uncomfortable.
Let's go back to the October article in The Wall Street Journal, written by David Asher, a elder worker of the Hudson Institute and a erstwhile U.S. State Department authoritative who worked on anti-terrorism operations in the mediate East – who I told you for castrating "the capacity of the Iranian government to export oil to deprive the government of its financial bloodstream".
Any event in the critical sea crossing of the Strait of Ormuz – specified as an detonation in a large port – may make uncertainty among energy merchants and push forward contracts for Brent oil up on Sunday evening.