Kuwait reports intercepting Iranian drones amid fears of supply disruptions
Oil prices rise as US strikes Iran for 11th straight night
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Summary
Oil prices edged higher in early trading on Wednesday after the United States launched a new round of strikes on Iranian military targets for the 11th consecutive night, according to reports. The escalation heightened fears of supply disruptions, with Kuwait also reporting that its air defenses were intercepting Iranian drones. Meanwhile, data from the American Petroleum Institute showed that U.S. crude and distillate inventories rose last week, while gasoline stockpiles fell, market sources said.
Cross-referenced from 4 sources across 3 countries and 2 languages.
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NEW YORK: Oil prices inched higher in early trading on Wednesday as fears of further supply disruptions intensified after US forces said it began striking Iranian military targets for the 11th straight night and Kuwait reported attacks by Iranian drones
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Data from the American Petroleum Institute showed that U.S. crude and distillate inventories rose last week, while gasoline stockpiles fell, market sources said.
according to Channel News AsiaThe U.S. attacks came a short while after the Kuwaiti army said its air defences were intercepting Iranian drones on Wednesday.
according to Channel News Asia
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NEW YORK: Oil prices inched higher in early trading on Wednesday as fears of further supply disruptions intensified after US forces said it…
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