Some sources report that explosions were heard in Kuwait, UAE and Eastern Saudi Arabia, Tasnim reports; The exact details of this incident and its origin are not known. Additional news will be announced later

The reported explosions in Kuwait, UAE, and Eastern Saudi Arabia could raise concerns over regional stability and supply disruptions in the oil markets.

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Market participants will be watching for further details, as any escalation could lead to higher volatility in WTI prices and impact related assets. This situation highlights the importance of geopolitical risk in the energy sector amidst an already complex market landscape.

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