Kuwait's crude oil output surged to 1.65 million bpd in June after force majeure was lifted, with implications for oil prices and crypto markets.

Kuwait sharply increased crude oil production in July as OPEC+ completed the reversal of its 2023 production cuts despite continued security disruptions affecting Gulf oil exports.

Kuwait's crude oil output surged to 1.65 million bpd in June after force majeure was lifted, with implications for oil prices and crypto markets.