Drone Strikes Key Red Sea Tanker Port Amid Blitz on Energy Assets

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Oil prices continue to rise due to attacks in the Middle East. North Sea Brent crude rose above $114 (over 2,400 crowns) per barrel shortly after 08:00 CET, and in the morning it was already over $119 (about 2,530 crowns). Shortly before noon, the price fell again - to $116 (about 2,470 crowns). In addition, an important export point on the Red Sea coast - the port of Yanbu - was attacked, which, according to Reuters, subsequently briefly stoppe…

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RIYADH - The Saudi Arabian port of Yanbu on the Red Sea, currently one of the two main remaining terminals for exporting oil from the Persian Gulf, has stopped loading crude, Reuters reported today, citing two sources. Drone attacks hit Kuwait's two largest refineries on Monday, causing small fires. Both were quickly extinguished and no one was injured, Kuwait's state news agency KUNA reported, according to AFP.