Kuwait Cuts Oil and Refining Output as Hormuz Transits Slow - Bloomberg.com
business 2026/03/07 19:14:20

Kuwait Cuts Oil and Refining Output as Hormuz Transits Slow - Bloomberg.com

Source:Bloomberg
Author:Fiona MacDonald, Anthony Di Paola

The United Arab Emirates and Kuwait started reducing oil production, as the near-closure of the crucial Strait of Hormuz ripples through energy markets and affects global supply.