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Event Brief

Kuwait oil price rises above $118 amid Hormuz tensions

Filed: Mar 28, 2026 at 4:07 AM ET
Summary: Kuwaiti oil prices surged to over $118 per barrel due to regional energy flow disruptions.
WHO: Kuwaiti oil market
WHAT: oil price increase
WHEN: Mar 28, 2026 at 3:04 AM ET
WHERE: Kuwait
WHY: ongoing disruptions to energy flows in the region
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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