Kuwait Halts All Flights After Iranian Attacks; Oil Prices Spike as Regional Escalation Intensifies
Kuwait halted all flights after Iranian missile and drone attacks hit key infrastructure, forcing the shutdown of Kuwait International Airport. Oil prices spiked toward $88 as US forces launched a seventh night of strikes and regional tensions escalated across the Gulf.
When countries fight in the Middle East, oil prices go up because people worry there won't be enough oil to buy. Watch energy company stocks—when oil gets more expensive, some energy businesses can make more money, but airlines and shipping companies pay more for fuel.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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