Kuwait's national oil company announces production cut

AFP , Saturday 7 Mar 2026

Kuwait's national oil company on Saturday announced a cut to its production of crude due to Iranian attacks and threats to the Strait of Hormuz, a key transit point for Gulf hydrocarbons.

--
File photo: The emergency followed an oil leak in the west of the country , the state-owned company said in a statement, as video posted by Kuwaiti media showed a gushing pipe surrounded by a large slick of oil. AFP

 

"In light of the ongoing aggression by the Islamic Republic of Iran against the State of Kuwait, including Iranian threats against safe passage of ships through the Strait of Hormuz, KPC (Kuwait Petroleum Corporation) has implemented a precautionary reduction in crude oil production and refining throughput as part of its risk management and business continuity strategy," it said, adding that it would be "reviewed as the situation develops".

Short link: