- Brent crude traded at $111.10 per barrel and West Texas Intermediate at $98.98, both up about 2% from Wednesday.
- Yemeni Houthis struck an oil field in Saudi Arabia and an international airport.
- A U.S. federal government order for non-emergency personnel to leave the kingdom added to concerns over security in a key oil region.
- Iran's foreign minister Abbas Araqchi said Iran is ready to defend itself and that the chances of a peace deal are slim.
- Kuwait's daily oil production topped 2 million barrels, but fuel production remains significantly below pre-war levels, according to ING commodity analysts.
Quotes
“To state the obvious, we have no trust whatsoever in the sincerity of the US administration’s professed desire for peace with Iran”
“peace talks could not proceed while the United States had a blockade on Iran and issued threats against the country”