Kuwait says refinery fire was brought under control; no injuries
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Newsquawk European Market Wrap - 20th March 2026
Iran Supreme Leader says he firmly believes in strengthening relations with neighbouring countries
Kuwait says refinery fire was brought under control; no injuries
US President Trump says US is doing well in Iran; Iran will not have nuclear weapons; says we want to talk to Iran, but there are no leaders left to talk to
Mexico FinMin says the nation has a neutral fiscal effect from oil turmoil; anticipates that exports will offset higher oil prices
On the Newsquawk feed at , 20 minutes before this page.
Context
The report of Kuwait controlling the refinery fire with no injuries suggests a stabilization in production capacity, likely alleviating immediate concerns over oil supply disruptions. Given the geopolitical landscape, this could limit volatility in crude prices, particularly if traders had anticipated a more severe impact. Monitor the situation for further developments, but this may serve to support sentiment in energy markets.
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