Kuwait to lift oil output to two million bpd within a week as Strait of Hormuz reopens | The National

Kuwait's Al Zour oil and gas refinery, in the south of the country. AFPKuwait's Al Zour oil and gas refinery, in the south of the country. AFPOpec member's production fell to 573,000 barrels per day in May

Kuwait aims to raise oil output to 2 million bpd within a week as Hormuz reopens after a US-Iran agreement.

Production plunged to 576,000 bpd in May after access to the Strait was choked off during the conflict.

Essential repairs and lifted force majeure will enable a phased resumption, with pre-war levels expected within weeks once regular shipping resumes.

Unlike regional peers with bypass pipelines, the Gulf producer was forced to cut to local needs and sell refined products regionally.