Iran hits Kuwait refinery
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Kuwait’s Mina Al-Ahmadi refinery was targeted by multiple drone attacks on Friday, triggering fires in several units and prompting precautionary shutdowns, the Kuwait Petroleum Corporation (KPC) said,
Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down production, according to JPMorgan.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Kuwait, OPEC’s fifth-biggest producer, said it has reduced oil and refinery production following the slowdown of shipping traffic through the Strait of Hormuz.
For the Persian Gulf’s oil-rich and mostly cosseted residents, Iran’s pummeling has been as unexpected as it has been terrifying. Many expats have beaten a retreat home, as Iran launched missile and drone salvos,
Kuwait’s interior ministry said Monday it had arrested members of a cell affiliated with the banned Lebanese militia Hezbollah who were allegedly planning sabotage in the Gulf state. The cell consists of 14 Kuwaiti citizens and two Lebanese nationals who were in possession of firearms,
Kuwait dice que un ataque de dron contra una refinería de petróleo ha provocado un incendio.
Israel pounded Tehran with airstrikes Friday as Iranians marked Nowruz, or the Persian New Year, in the midst of a war that has sent shock waves through the global economy and risked drawing Iran’s Arab neighbors directly into the conflict.