‘Biggest crisis for oil sector’: Kuwait’s future tied to Hormuz fate

KUWAIT CITY: Kuwait’s once prosperous oil sector has stood largely paralyzed for months, with petroleum exports plummeting as fighting raged across the Gulf — triggering the country’s largest crisis in decades. Half a year into the war, Kuwait remains a hostage to its uncompromising need to access the Strait of Hormuz — where the war between the US and Iran has choked off the once plentiful energy exports that moved across its waters.

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