Kuwait expands overseas oil storage strategy amid Gulf shipping threats

Amid rising regional tensions and uncertainty in the Gulf, Kuwait is increasingly relying on overseas oil storage as a strategic tool to protect exports, secure supply chains and maintain stability in global energy markets. The move comes as threats to shipping through the Strait of Hormuz intensify. The vital waterway carries nearly 20 percent of … The post Kuwait expands overseas oil storage strategy amid Gulf shipping threats appeared first on Times Kuwait .

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