A fire broke out at Iran’s largest container shipping port, setting off explosions as oil products perpetuated the blaze, according to the Islamic Republic News Agency. The fire broke out in the facility at the port used for storing oil products. Iran’s Shahid Rajaee port on the Gulf Coast is North of the Strait of Hormuz—a critical chokepoint for oil tankers traveling to a variety of destinations. INRA reported that the blaze was currently under control per local officials, but that due to the flammable nature of the oil products near the blaze, it is possible that fires will flare up again. The port is critical for Iran, handling 39 percent of all cargo transit in Iran as of 2017, including oil product shipments. Iran’s crude oil exports remain in the spotlight as the United States appears steadfast in its resolve to bring the sanction nation’s oil exports to […]