Kuwait Army says air defences are dealing with wave of Iranian drone attacks since 8am local time
- Kuwait says the intercepted drones, some of which targeted vital oil facilities and power stations in the south of the country, are causing major infrastructure damage
Context
Kuwait's engagement with Iranian drone attacks poses a significant risk to its oil infrastructure, which could disrupt supply and elevate crude prices. If damage to facilities escalates, we may see a resultant spike in WTI prices, reflecting fears of reduced global supply and heightened geopolitical tensions.
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