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Oil Prices Inch Higher as Iran Strikes U.S. Bases in Kuwait and Bahrain
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Iran on Friday claimed it launched attacks on U.S. military assets in Bahrain and Kuwait amid the latest re-escalation of hostilities in the region, which dashed the hopes from early this week that there could be a swift return to diplomacy. Iran’s army targeted the Ahmad al-Jaber Air Base in Kuwait, Iranian media reported on Friday. “In a direct response to recent U.S. aggressions on southern Iran, the Iranian Army has conducted precision drone strikes against key strategic facilities at Kuwait's Ahmed Al-Jaber Air Base, targeting…
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