Kuwait, one of OPEC’s top producers and one of the exporters most affected by the near-closure of the Strait of Hormuz, is offering its crude to Asian buyers for the first time since the Iran war choked off transit through the critical chokepoint.

Kuwait, one of OPEC’s top producers and one of the exporters most affected by the near-closure of the Strait of Hormuz, is offering its crude to Asian buyers for the first time…

At least 4 million barrels of the nation’s main export grade, carried on two carriers, are being offered to refiners in at least China and South Korea. | World News