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Kuwait Crude Oil Price Rises by USD 7.68 per Barrel

Doha: The price of Kuwaiti crude oil surged by USD 7.68, reaching USD 102.39 per barrel in Thursday’s trading. This increase is a notable jump from the previous session’s price of USD 94.71 per barrel, as reported by the Kuwait Petroleum Corporation.

Dollar Steady Amid Ongoing Regional Tensions

Doha: The dollar largely stabilized on Thursday as renewed US-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency. The dollar index, which measures the greenback against a basket of currencies, was flat at 101.11.