US crude oil futures rise above $106 a barrel after Kuwaiti tanker attack

Middle East Eye · March 31, 2026 Sanctions

US crude oil futures rise above $106 a barrel after Kuwaiti tanker attack US crude oil futures rose 3. 4% to above $106 a barrel after reports that a Kuwaiti oil tanker was hit in an attack in Dubai, according to Bloomberg. The price jump reflects growing concerns over supply disruptions as tensions escalate in the Middle East.

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