Iran BLOWS UP Fully-Loaded Kuwait Oil Tanker, Vessel IN FLAMES At Dubai Port | Watch

| Mar 31, 2026, 10:17:52 PM | TOI.in
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A major escalation in the Gulf has intensified fears over global energy security after a Kuwaiti oil tanker was struck near Dubai, triggering a fire and raising spill concerns. While all crew members are safe, the incident marks a dangerous expansion of attacks on commercial shipping. UAE air defences intercepted fresh waves of Iranian missiles and drones, with Bahrain reporting hundreds intercepted since the war began. Oil prices surged past $115 before easing slightly, while U.S. fuel costs crossed $4 per gallon. As strikes hit maritime routes and economies react, the conflict is now impacting global trade, supply chains, and everyday costs worldwide.

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