Kuwait says power and water plant was hit in a Iranian attack, causing damage
Kuwait's announcement regarding an Iranian attack on its power and water plant escalates regional tensions, highlighting vulnerabilities in its critical infrastructure.
FAO Food Price Index (Mar) 128.5 (Prev. 125.3)
Explosion at the Ramat David base in the east of Haifa, via IRIB
Kuwait says power and water plant was hit in a Iranian attack, causing damage
Iran warns it will carry out extensive retaliatory strikes against US, Israeli, and allied energy infrastructure, economic centres, and regional assets if American threats to target its bridges, power plants, and energy facilities are executed, IRIB News
Italy's Economy Minister Giorgetti says fuel tax cut measures worth about EUR 500mln
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This incident could potentially provoke a military or economic response, influencing oil prices and safe-haven assets like gold or the USD. Traders should monitor the situation closely for further developments that may impact market sentiment and risk appetite.
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