Oil rises on elevated Middle East supply-disruption concerns
WTI crude oil futures are higher in early Asian trade as Middle East supply-disruption concerns rise. ANZ Research cites reports Iran targeted U.S. bases in Kuwait and the UAE, with Kuwait responding to missile and drone threats.
Oil rises in early Asian trade amid elevated concerns over supply disruptions in the Middle East. "Iran's military said it targeted U.S. bases in Kuwait and the UAE," ANZ Research analysts said, citing state-run Islamic Republic News Agency.
Kuwait said it responded to missile and drone threats, th…