Geopolitical tensions escalate Gulf markets. Iranian strikes on Kuwait's power and water infrastructure killed an Indian worker Sunday, damaging critical energy facilities. The attack marks intensifying regional conflict following US-Israel operations in February, now spreading across the entire Gulf. Kuwait's electricity and water network maintains operational efficiency despite damage to a service building. This geopolitical escalation directly impacts energy markets, with crude oil rising 164 points to 9,559 as investors fear supply disruptions. Indian markets reflected the uncertainty, with Sensex dropping 1,155 points and Nifty falling 337 points. Gold and silver surged on safe-haven demand, gaining 518 and 1,549 points respectively.
