No direct events occurred in Kuwait this period, but the sharp escalation in U.S.-Iran military exchanges carries significant indirect implications. After the U.S. struck Iran's Larak Island and Iran retaliated against U.S. bases in Jordan, Brent crude surged past $90. As a host of U.S. forces and a Gulf oil producer bordering the Strait of Hormuz, Kuwait faces heightened pressure on both its security environment and economic outlook.
- The U.S. and Iran exchanged direct military strikes for the first time in months, with the U.S. hitting rocket launchers on Larak Island and Iran retaliating against U.S. bases in Jordan.
- Brent crude settled at $90.49 per barrel, up 2.71%, with economists warning prices could exceed $100 if escalation continues.
- Strait of Hormuz traffic remains severely disrupted and global oil inventories are nearing exhaustion.