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03.09.26 - 16:06
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Iran Unleashes Fresh Attack Waves On Kuwait, UAE As Trump Signals De-escalation Ahead Of Midterms (ZeroHedge)
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Iran Unleashes Fresh Attack Waves On Kuwait, UAE As Trump Signals De-escalation Ahead Of Midterms
Iran's retaliatory attacks on US bases and the regional countries hosting them actually continued overnight into Thursday, despite CENTCOM having on Wednesday announced the cessation of the US bombing operation.
This week's round of US attacks saw six Iranian navy personnel killed, Tasnim is reporting, with Iran's Health Ministry stating that 18 Iranians were killed and over 140 wounded since August 30. The ministry also indicates most of the casualties were women and children, especially due to the reported US bombing of a wedding in the coastal town of Kuhestak along the Strait of Hormuz in southern Iran.
Getty Images/People Magazine
Many of the victims' funerals have commenced on Thursday, regional media reports. The NY Times and other Western media have been seeking to verify details amid ongoing investigations. "Dozens of guests, according to a witness and accounts in local news m...
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02.09.26 - 06:33
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Auch Kuwait gerät erneut unter Beschuss (DPA-AFX)
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KUWAIT-STADT (dpa-AFX) - Der Golfstaat Kuwait ist erneut Ziel iranischer Angriffe geworden. Wie das Militär des mit den USA verbündeten Landes in der Nacht mitteilte, wehrte die Luftabwehr "Angriffe feindlicher Drohnen" aus dem Iran ab. Explosionsgeräusche ......
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27.08.26 - 20:30
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Qatar And Kuwait Restore 70% Of Pre-War Oil Exports Through Hormuz (ZeroHedge)
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Qatar And Kuwait Restore 70% Of Pre-War Oil Exports Through Hormuz
Authored by Tsvetana Paraskova via OilPrice.com,
Qatar and Kuwait have managed to boost their crude oil exports from the Strait of Hormuz to 70% of pre-war levels as they followed the United Arab Emirates in shuttling oil through the chokepoint and using ship-to-ship transfers in the Gulf of Oman, anonymous traders told Bloomberg on Thursday.
Before the Middle East conflict, Qatar and Kuwait collectively exported about 2 million barrels per day (bpd) of crude oil via the Strait of Hormuz.
They don't have alternative routes as Saudi Arabia and the UAE do, and struggled to ship oil out of the Persian Gulf in the first couple of months of the conflict.
But around June, Kuwait and Qatar began shuttling crude out of Hormuz and offered it for transfers outside the chokepoint in the Gulf of Oman.
The increasing Kuwaiti and Qatari oil volumes add to the barrels that Saudi Arabia and the UAE have been sneaking through the Strait of Hor...
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27.08.26 - 15:03
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Kuwait, Qatar Ramp Up Hormuz Oil Flows As Oman-Iran Talks Ease Supply Fears (ZeroHedge)
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Kuwait, Qatar Ramp Up Hormuz Oil Flows As Oman-Iran Talks Ease Supply Fears
Brent crude futures fell to an intraday low of $86.22 a barrel early Thursday before recovering above $88 by 0630 ET. The benchmark is down 6.3% this week as traders unwind part of the war-risk premium amid growing optimism that renewed diplomatic efforts involving Iran, Oman and Qatar could reduce the threat of drone attacks on tankers in the critical waterway.
Bloomberg reported earlier that Kuwait and Qatar are restoring crude exports through the highly contested maritime chokepoint. Sources familiar with energy flows in the Gulf region say that both producers are shipping about 70% of the combined 2 million barrels a day they exported before the Iran war.
Total oil shipments via tankers have climbed to between 7 million and 8 million barrels a day, up from roughly 4 million barrels a day in mid-July and equal to about 75% of prewar levels, according to the outlet.
London-based energy and freight analytics firm Vort...
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