Overview
- Drone and missile incidents set fires at Kuwait's Mina Abdullah and Mina Al Ahmadi refineries and a vessel was struck near Qatar's Ras Laffan, pushing Brent toward $119 and lifting European gas prices.
- President Donald Trump denied prior U.S. knowledge of Israel’s strike on Iran’s gas field, said Israel would avoid further hits on the site unless Qatar is attacked, and warned the U.S. could destroy the entire South Pars field if reprisals continue.
- Iran’s president cautioned of uncontrollable consequences and the parliament speaker vowed an eye-for-eye response, while the EU’s Kaja Kallas warned that targeting energy infrastructure fuels greater chaos and said contacts with Tehran continue.
- In Argentina’s $LIBRA token case, legislators are preparing certified records for U.S. parties even as the lower-house investigative commission stands deactivated and would need a simple majority vote to resume work, with new disclosures renewing personal-liability claims around President Javier Milei.
- The IMF reported no agreement yet on Argentina’s second review but said the country has resisted the global shock relatively well as a net energy exporter, noting reserve purchases of about $3.5 billion and strong local demand for dollar bonds.