Kuwait

Kuwait oil output hits highest level since Iran war

Kuwait's crude oil production climbed nearly 20% in July to approximately 1.971 million barrels per day, marking the highest output level since the start of the Iran war, according to Bloomberg. The increase of roughly 300,000 barrels per day from…

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Kuwait shoots down Iranian drones targeting vital sites

Iran's military launched drone strikes against what it described as U.S. military targets in Kuwait early Saturday, prompting Kuwaiti air defenses to intercept and destroy the incoming projectiles in what marked a further escalation of hostilities between Washington and Tehran…

Bahrain and Kuwait secretly struck Iran, WSJ reports

Bahrain and Kuwait covertly dispatched fighter jets to strike military sites inside Iran earlier this month, marking their first direct offensive action against Tehran since the war began in February, according to a Wall Street Journal report. The United Arab…

Kuwait raises $6B in oversubscribed bond sale amid Hormuz bypass push

Kuwait raised $6 billion from a three-tranche sovereign bond sale on Thursday, drawing an order book exceeding $18 billion — more than three times the issuance size — as Gulf states continue borrowing at a historic pace to finance alternative…

Kuwait summons Iran’s ambassador after fourth day of strikes on water plants

Iranian missile and drone attacks hit Kuwait's power generation and water desalination facilities on Monday for a fourth consecutive day, sparking fires across multiple plants and deepening a humanitarian crisis in a nation where roughly 90 percent of drinking water…

Kuwait halts flights after Iranian strikes close airspace

Kuwait International Airport temporarily suspended all takeoff and landing operations on Saturday after Iranian missile and drone attacks prompted the closure of Kuwaiti airspace, forcing the country's flag carrier to reschedule most of its commercial flights.

Iranian strike damages Kuwait desalination plant

An Iranian attack damaged a power generation and water desalination plant in Kuwait on Friday, the country's Ministry of Electricity, Water and Renewable Energy confirmed, raising fears of a humanitarian crisis in a nation that depends on desalination for roughly…

Kuwait lifts force majeure, targets 2M barrels per day within a week

Kuwait has begun ramping up oil production and expects to reach 2 million barrels per day within a week, as the reopening of the Strait of Hormuz under an interim U.S.-Iran peace deal allows the Gulf state to restart exports…

Kuwait accuses Iran of armed attack on China-funded port island

Kuwait accused Iran on Tuesday of dispatching an armed paramilitary Revolutionary Guard team to launch a failed attack on Bubiyan Island, home to a China-funded port project, adding a new layer of tension just as President Donald Trump departed Washington…