US airstrikes on April 7 targeted over 50 military sites on Kharg Island—Iran's critical oil export hub handling 90% of its crude shipments—but explicitly avoided the oil terminal, pipelines, and storage tanks, according to US officials and Iranian media reports confirming no infrastructure damage. This precision approach followed President Trump's ultimatums demanding Iran reopen the Strait of Hormuz amid a US naval blockade imposed April 13, escalating bilateral tensions without economic disruption. Earlier March strikes followed a similar pattern, prioritizing military assets. With the market resolving April 30, traders weigh potential further de-escalation signals or retaliatory actions, though no confirmed kinetic strike on the terminal has occurred in the past 30 days.