oil prices increase

Kuwait Refinery Fire: Iran Drone Attack Threatens Output

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Report: Drone Attack Targets Kuwait Oil Refinery, Fueling Gulf Tensions February 29, 2024 Kuwait’s Mina al-Ahmadi oil refinery was reportedly struck by drones on Thursday, sparking fires and raising concerns about escalating attacks on critical energy infrastructure in the Persian Gulf. The incident occurs against a backdrop of heightened geopolitical instability involving Iran, the United … Read more

Trump’s Ultimatum to Iran: Will It Backfire Again?

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Iran Issues Retaliatory Threat Following Trump’s Power Plant Warning February 29, 2024 Tehran has responded to former President Trump’s recent rhetoric regarding potential attacks on Iranian infrastructure with a stark warning: energy facilities in countries hosting U.S. military bases are now considered legitimate targets. This escalation marks a dangerous turn in a conflict that has … Read more

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