Iranian drones struck Kuwait’s Mina Al-Ahmadi refinery for a second day on Friday. The attack caused multiple fires and forced the shutdown of several units at the facility. This site ranks as one of the largest oil processing facilities in the Middle East.
Iran launched these strikes to retaliate for an Israeli attack on its South Pars gas field. The widening conflict now targets energy infrastructure across the Gulf, including sites in Saudi Arabia and Bahrain.
Brent crude prices rose toward $110 per barrel following the persistent assaults. The International Energy Agency labeled the situation the largest supply disruption in the history of the global oil market. Crippled shipping through the Strait of Hormuz remains the primary driver of this shortage.
The United States implemented emergency measures to stabilize the energy supply chain. The IEA advised member nations to adopt demand-reduction strategies, such as working from home, to mitigate high prices and potential shortages.