Kuwaiti military reports missile and drone attack

Kuwait's armed forces said that the country's air defense systems were intercepting hostile missile and drone attacks after air raid sirens sounded and emergency s were issued nationwide, the Guardian reported on Monday.

US Central Command (Centcom) stated that it struck targets in Iran over the weekend, in a statement that came just minutes after it announced it was under attack.

Meanwhile, Iran’s Islamic Revolutionary Guards Corps (IRGC) said that it targeted an airbase used by the US to launch an attack on Sirik Island in southern Iran. Sirik Island is located in the Strait of Hormuz. The IRGC added that the US was targeting a telecoms tower on the island.

Market reaction 

Crude oil prices attract some buyers following this headline. At the time of writing, the West Texas Intermediate (WTI) is up 2.05% on the day at $88.62.