kuwaiti economy

Latest news and articles about kuwaiti economy from NEX English

Record Rise in Kuwaiti Oil Prices Reaches $118.93 per Barrel

Kuwaiti oil prices have surged significantly, reaching $118.93 per barrel, reflecting a growing global demand for energy. This increase comes at a sensitive time marked by notable market fluctuations.

Assess Iranian War's Limited Impact on Kuwait's Energy Supplies

Nawaf Al-Sabah, CEO of Kuwait Petroleum Corporation, stated that measures taken to address disruptions in energy supplies due to the Iranian war have minimal effect. This highlights the challenges Kuwait faces in this context.