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Breaking: Iran's Busiest Port Explodes ¨C What We Know

Casualties & Immediate Response

• 14 dead, 750+ injured (including 3 lightly wounded Chinese nationals)

• State of emergency declared over toxic air fears (ammonia/SO?/NO? risks)

• Firefighting ongoing as flames spread to secondary containers

Port Impact ¨C By the Numbers

Strategic location: Hormuz Strait choke point
Cargo volume: 55% of Iran¡¯s non-oil trade | 85% container traffic
Capacity: 23 berths | 3M TEU/year | -15m depth
Disruption: All operations halted indefinitely

Global Supply Chain Risks

• Oil tanker reroutes likely ¨C Nearby Bandar Abbas handles 90% of Iran¡¯s crude exports

• Chemical cargo delays ¨C Explosion originated in "hazardous material containers"

• China-Iran trade alert ¨C 2 injured Chinese workers hospitalized, 1 treated at consulate

Official Statements

Iranian President: Orders investigation, mourns victims
Interior Minister: "Priority is saving lives, then determining cause"
Chinese Consulate: Activated emergency protocol, monitoring 200+ citizens

Why This Matters:

• Hormuz Strait bottleneck: 30% of seaborne oil passes nearby

• China BRI link: Shahid Rajaee is key node in Belt & Road

• Insurance spikes expected for Persian Gulf shipments