Iran drone attack hit 3 US bases in Kuwait
Newsquawk Staff ·
Iran drone attack hit 3 US bases in Kuwait.
What it means
The drone attack on US bases in Kuwait represents an escalation in regional tensions, which could lead to increased volatility in oil markets. Given Kuwait's proximity to major energy infrastructure, traders should be prepared for potential supply concerns and a spike in WTI prices, particularly if retaliatory actions ensue or if this signals a broader conflict. Keep an eye on safe-haven assets and market sentiment as the situation develops.
- US President Trump on Iran, says may do it a little bit further
- CRUDE WRAP: WTI (Z6) SETTLES USD 2.32 HIGHER AT 99.47/BBL; BRENT (Z6) SETTLES USD 4.35 HIGHER AT USD 113.17/BBL
- US President Trump called Musk and asked him to lift Ukraine Starlink (SPCX) restrictions, WSJ reports
- Ukraine President Zelensky says Ukraine is ready for peace talks at G20, but so far no such invitation
- An Israeli military official told Channel 12 that here is no reason to launch an attack on Iran before the elections; If we detect preparations in Iran for an attack, we will act
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