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Kuwait Is Pumping Oil at About 75% of Prewar Rate, KPC CEO Says

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesTransportation & Logistics

Kuwait is pumping oil at about 75% of its pre-Iran-war level, according to the CEO of the state oil company. More tankers are risking passage through the Strait of Hormuz, but the article gives no timeframe for a full production recovery.

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