Tarique Rahman

19 Jun 2026

Kuwait Boosts Oil Output After Hormuz Reopens Kuwait has begun increa… – Tarique Rahman

Kuwait Boosts Oil Output After Hormuz Reopens Kuwait has begun increasing oil production and expects output to exceed two million barrels per day following the reopening of the Strait of Hormuz under the US-Iran peace arrangement. Officials said damaged infrastructure has been repaired faster than expected, allowing energy operations to recover quickly. Kuwait also announced the immediate lifting of force majeure notices previously issued during the conflict. #Kuwait #Oil #Energy #Hormuz #Econom