Brent Crude jumped over 3% to cross the mark of $91 a barrel, adding to its 16% surge last week, while the West Texas Intermediate (WTI), the US Crude variant, also gained nearly 3% to trade above the mark of $84 a barrel.
Attacks over the weekend included a Kuwait oil facility that was targeted, resulting in multiple injuries and “material damage”, according to Kuwait Petroleum. Attacks also took place at a water desalination and power plant in Kuwait.
Iran has also announced that the Islamabad MoU signed between the two countries now stands suspended and blamed the US for the same. US President Donald Trump said he “couldn’t care less”, in response to Iran’s suspension of the MoU.
According to reports from Al Jazeera quoting the Iranian nuclear agency, the US also attacked the Darkhovin nuclear site in the Khuzestan province.
The agency said that multiple projectiles hit the under construction facility at around 3:39 AM local time on Sunday. Construction of the facility had begun in 2022.
Four unidentified ships, attempting to use an “unsafe route” in the Strait of Hormuz were attacked by the Iranian navy after they disregarded warnings. While two “met with accidents” and were stopped in their tracks, other two abandoned the route and turned back, the navy state in its statement.
US forces hit Qeshm Island in the Persian Gulf, as well as southern cities including Shadegan, Sirik and Hajiabad, as per Iranian media reports.
In a message released by the state broadcasting agency, Iran’s supreme leader Mojtaba Khamenei warned of “unforgettable lessons” for the US, adding that US President Donald Trump’s signatures on the MoU were “utterly worthless and devoid of credibility”.
(With Inputs From Agencies)
