Tag Archives: Kuwait

In a Sunday meeting between Iranian Ambassador to Kuwait Mohammad Irani and Chairman of the Kuwait Red Crescent Society Hilal Al-Sayer, the two sides underlined the significance of mutual cooperation on combating against the novel coronavirus. The Iranian envoy named US-led sanctions on his country as the main factor preventing …

Iran is ready for any cooperation and exchange of experiences to eradicate this novel virus.

Qatar plans to boost its production capacity to 126 million mt p by 2027.

The deal could take as much as a year to bring the field back to full capacity.

Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output.

The zone was formally partitioned between Saudi Arabia and Kuwait in 1970.

The differences between the countries in the region would be resolved. noting that there are positive signs of the possibility of bilateral talks between Tehran and Washington.

Kuwait is currently the fourth-largest oil producer in OPEC.

The neutral zone. which has been shuttered for at least four years. can produce as much as 500.000 barrels a day.

There is great anxiety in the market today mainly related to supply concerns.