Explosions were heard near Iran’s strategically important Kharg Island on Saturday, September 5, with Iranian media later reporting that an oil tanker was allegedly struck by US missiles. The source of the initial blasts was unclear, while the reported tanker attack has not been independently confirmed by Iranian or US authorities.Key HighlightsExplosions were heard near Iran’s Kharg Island on September 5.Kharg Island is a major Iranian oil export terminal in the Gulf.Iran’s Fars news agency initially reported the explosions but said their origin was unclear.Iranian media later claimed an oil tanker near Kharg Island was hit by four US missiles.The tanker’s crew was reportedly being evacuated.No casualties were reported in the initial accounts.The alleged US missile strike has not been officially confirmed by Washington or Tehran.The incident comes amid heightened US-Iran tensions and concerns around the Strait of Hormuz.What Happened Near Kharg Island?The first reports emerged on Saturday after explosion sounds were heard around Kharg Island, one of Iran’s most important oil-export facilities.The semi-official Fars news agency reported hearing explosions but said the cause was not immediately known. A correspondent on the island reportedly said there was no visible smoke following the blasts.The situation gained further attention when Iranian media outlets subsequently reported that an oil tanker operating near the island had allegedly been targeted.Iranian Media Reports Tanker AttackAccording to reports cited by Reuters, Iran’s semi-official Tasnim news agency said an Iranian oil tanker was struck by four US missiles near Kharg Island.The reports said the vessel was located several nautical miles from the island and that its crew was being evacuated. Initial reports did not indicate any casualties.However, the claim that the tanker was hit by US missiles remains unconfirmed. There was no immediate official confirmation from the US military or Iranian government regarding the alleged strike.(READ MORE : Explosions Near Iran’s Kharg Island as Tanker Reportedly Hit by US Missiles)Why Kharg Island Is ImportantKharg Island is a crucial part of Iran’s energy infrastructure and has historically handled a major portion of the country's crude oil exports.Its strategic importance means any confirmed military incident in the area could have implications beyond Iran, particularly for Gulf shipping and international oil markets.The island is also located in the wider Gulf region close to routes connected to the Strait of Hormuz, through which a substantial amount of global energy supplies normally passes.US-Iran Tensions Behind Latest IncidentThe reported explosions come at a time when tensions between Iran and the United States have intensified.The two sides have recently exchanged threats and carried out military actions in and around the Gulf. Shipping routes, oil infrastructure and the Strait of Hormuz have become major points of concern during the escalating confrontation.Kharg Island itself had already featured prominently in US rhetoric before Saturday's reported explosions, making the latest incident particularly significant.What Happens Next?Authorities are expected to investigate the source of the explosions and the condition of the reported tanker. Confirmation from US military officials or Iranian authorities will be important in determining what actually happened near the oil terminal.Possible Impact on Oil and ShippingA confirmed attack near Kharg Island could increase concerns over the security of Iran’s oil exports and commercial vessels operating in the Gulf.Any further military escalation around the Strait of Hormuz could also create uncertainty for international energy markets, particularly if shipping activity is disrupted.For now, the reported tanker strike remains unverified, and further official statements are expected.Latest UpdateExplosions were reported near Iran’s Kharg Island oil terminal on September 5, followed by Iranian media reports claiming that an oil tanker was hit by four US missiles. The crew was reportedly being evacuated, with no casualties initially reported. The alleged US strike has not yet been officially confirmed.