Iran Attacks U.S. Assets in Kuwait and Bahrain Amid Ongoing Conflict

Iran's army announced attacks on U.S. assets in Kuwait and Bahrain, targeting military facilities like aircraft shelters and communication systems. This follows a series of U.S. strikes against Iran’s Islamic Revolutionary Guard Corps (IRGC). Oil prices were affected, with Brent crude futures trading down nearly 2% at $87.30 per barrel and U.S. West Texas Intermediate futures down 2.3% at $81.71. The evolving conflict has implications for energy security and market stability, particularly in the Strait of Hormuz, vital for global oil flows.