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Author name: Charles Kennedy

Oil Inches Higher as Iran Strikes Kuwait’s Mina Al-Ahmadi Refinery

date Mar 21, 2026

the refinery is located 50 kilometers (31 miles) south of Kuwait City and has the capacity to process 346,000 barrels per day (bpd) of crude oil. drone attacks caused a fire in several units at the facility. the war in the Middle East shows no signs of de-escalation despite recent rhetoric.

Source: oilprice.com

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