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Kuwait is currently considering suspending its oil exports through Bab Al-Mandeb strait. an official told Reuters on Thursday.
The news follows a suspension of oil exports by neighboring Saudi Arabia. after two of its oil tankers were attacked by Houthis in the Red Sea.
“All oil shipments passing through Bab Al-Mandab Strait have been suspended temporarily until navigation through the area is secure.“ energy minister Khalid Al-Falih told the Saudi Press Agency (SPA) late Wednesday.
“All options are possible but there is nothing confirmed so far.“ Kuwait Oil Tanker Company (KOTC) chairman Badr Al-Khashti told Reuters. highlighting that no decision has been taken yet.
