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Kuwait Halts All Flights After Iranian Attacks; Oil Prices Spike as Regional Escalation Intensifies

General Benzinga ✦ xCruzo 🇺🇸🇪🇸
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Kuwait Halts All Flights After Iranian Attacks; Oil Prices Spike as Regional Escalation Intensifies
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Kuwait halted all flights on Saturday after Iran launched one of its heaviest barrages of missiles and drones since the Middle East conflict began. Kuwait Airways rescheduled most flights because Kuwait International Airport suspended takeoff and landing operations, according to the airline. The airport closure followed multiple rounds of sirens from dawn and strikes reported by Kuwait’s Ministry of Electricity, Water and Renewable Energy that hit two electricity and desalination facilities within 24 hours. The ministry said several generation units were shut down as a precaution to protect workers and maintain grid stability. Brent crude rose about 4.6% on Friday to settle near $88, reflecting market escalation. The article also cites U.S. actions, including the seventh consecutive night of strikes against Iran and a U.S. State Department travel warning to Americans.

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