President Donald Trump said the US “totally obliterated every military target” on Iran’s Kharg Island. Follow for live updates

Kharg Island serves as the centerpiece for Iran's oil industry, accounting for roughly 90% of the country’s crude exports.

From its role in exporting up to 90% of Iran’s crude to fears it could be struck in the expanding regional conflict, here is what to know about Kharg Island.

Crude that spilled late last month from a key deepwater oil terminal has traveled 18 miles across open Gulf of Mexico waters and affected three islands that are part of a coastal wildlife refuge noted for its recreational fishing and critical bird habitat,

JP Morgan has warned that Iran’s oil production could be slashed in half and oil exports could virtually stall if U.S.-Israeli seize Iran's Kharg Island, worsening the ongoing global oil shock

A U.S. military refueling aircraft crashed in western Iraq on Thursday, in an incident U.S. Central Command said involved another aircraft but was not the result of hostile or friendly fire. In a statement,

Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy

In a wide-ranging interview with Fox News’ Brian Kilmeade, President Trump addressed a string of recent terror attacks on U.S. soil and said the Pentagon is prepared to escalate strikes if Tehran widens the conflict or threatens the Strait of Hormuz.