Saudi oil premiums hit record as Iranian strikes damage UAE and Kuwaiti plants and disrupt 17% of Qatar LNG

Gulf energy markets faced widespread disruption on Sunday as Saudi Arabia applied record oil premiums and Qatar declared Force Majeure on a portion of its gas exports following Iranian attacks that also damaged infrastructure in Kuwait and the United Arab Emirates, even as Iraq attempted to resume shipments through the Strait of Hormuz. Saudi Arabia […] The post Saudi oil premiums hit record as Iranian strikes damage UAE and Kuwaiti plants and disrupt 17% of Qatar LNG first appeared on Dailynewsegypt .

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