Business

Oil Prices Surge After Iran-Kuwait Conflict

Updated 2026-09-03 14:10 UTC 1 source Negative

Brent oil prices rose above $96 per barrel after Iran fired missiles at Kuwait, leading to a significant increase in global oil markets this week.

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CNBC
Oil prices have gained more than 7% this week The U.S. and Iran have traded military strikes this week for the first time since July.
2026-09-03 13:40 UTC
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