Kuwaiti oil firm says facility damaged, some wounded by ‘repeated Iranian attacks’ - The Times of Israel
Kuwaiti oil firm says facility damaged, some wounded by ‘repeated Iranian attacks’ - The Times of Israel
Source: The Times of Israel
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DW NOTE
Kuwait confirms its oil infrastructure is now a live target in the Gulf escalation. The US-Iran ceasefire that reopened Hormuz five weeks ago was already on the verge of collapse as of July 8. Iran is now hitting third-party production assets while crude sits 25% below the year's highs — which means the market still doesn't believe the disruption is permanent.