Kuwait’s National Oil Company says the Mina Al-Ahmadi refinery was hit in a drone attack, sparking a fire, Press TV reports

The drone attack on Kuwait’s Mina Al-Ahmadi refinery adds significant geopolitical risk to the oil supply landscape, potentially driving up oil prices if production is disrupted.

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Multiple explosions and fighter jet activity were reported across several Iranian provinces late Thursday and early Friday, including Khuzestan, Bushehr, Fars, Isfahan, Tehran, and Alborz; "Residents reported blasts near military and energy sites"

Attack reported on the American base "Victoria" in Baghdad, Iraq, Fars News reports

Kuwait’s National Oil Company says the Mina Al-Ahmadi refinery was hit in a drone attack, sparking a fire, Press TV reports

Iran claimed to have shot down a US F-35 fighter jet, according to TASS

Saudi Arabia says it has intercepted five drones since Thursday

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Context

This incident could escalate tensions in the region, raising concerns about stability, which may lead to wider market implications, particularly in energy and related sectors.

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