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05.04.26 - 19:06
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Iranian drone strikes hit Kuwait′s oil infrastructure before Opec+ supply talks (The Guardian)
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Members reportedly agree rise of 206,000 barrels a day in May but move symbolic with strait of Hormuz effectively closedMiddle East crisis – live updatesIranian drones struck Kuwait's oil infrastructure on Sunday, causing “severe material damage” that threatened to further disrupt oil supplies already hit by the US and Israel's war with Tehran.It came hours before members of the Opec+ group that represents major global oil suppliers gathered to discuss how to bolster output despite Iran's effective closure of the crucial strait of Hormuz shipping route. Continue reading......
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31.03.26 - 03:01
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Iran Strikes Fully Laden Kuwait Oil Tanker in Dubai Port (Bloomberg)
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Iran hit a fully laden Kuwaiti oil tanker in the anchorage area of Dubai's port, damaging the hull and starting a fire on board. Bloomberg's Dan Murtaugh explains the potential impact on oil prices as the Iran conflict continues to escalate. (Source: Bloomberg)...
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05.03.26 - 04:18
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Tanker Hit By "Large Explosion" In Waters Off Kuwait, Causing Oil Spill (ZeroHedge)
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Tanker Hit By "Large Explosion" In Waters Off Kuwait, Causing Oil Spill
In the most dramatic escalation yet involving shipping in the Persian Gulf, the United Kingdom Maritime Trade Operations (UKMTO), a British naval authority responsible for monitoring shipping safety in high-risk areas, said it received a report that around 1040pm UTC, a "large explosion" took place 30 nautical miles south east off Mubarak Al Kebeer, on the coast of Kuwait. The report notes that "there is oil in the water coming from a cargo tank" which could have a disastrous environmental impact, especially if its reaches the desalinization plants that keep much of the Gulf population alive, literally.
The tanker, which was at anchor in the Khor al-Zubair lightering zone - a critical area for loading Iraqi heavy fuel oil exports - began taking on water following the blast. Oil was seen leaking from a damaged cargo tank into the surrounding waters, prompting concerns over potential environm...
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