Kuwait has formally denied a Wall Street Journal article claiming it participated in secret airstrikes against Iranian military targets. Kuwait’s ambassador to the United States, Al-Zain Al-Sabah, stated that his country neither carried out such actions nor allowed its territory to be used as a launchpad against neighboring states. The Wall Street Journal reported that Kuwait and Bahrain conducted airstrikes on Iranian targets in early July 2026, but neither country has publicly confirmed the strikes. Middle Eastern tensions and oil supply chain disruptions are directly linked to Bitcoin price fluctuations this year, with escalations triggering massive liquidations on exchange platforms. Confirmation or denial of this report could trigger opposite market reactions in crypto markets.
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