Kuwait cuts oil production as precaution amid US-Iran tensions

KUWAIT CITY: Kuwait has announced a precautionary reduction in crude oil production and refining following the ongoing US conflict with Iran.

According to the Kuwait Petroleum Corporation (KPC), the move comes amid concerns over Iranian threats to the safe passage of ships through the Strait of Hormuz.

Iran, however, has described its stance as defensive, stating that it has the right to respond and may target ships passing through the route as part of what it calls self-defence.

Kuwaiti officials said the reduction forms part of the country’s “risk management and business continuity strategy,” aimed at implementing strict precautionary measures during the heightened regional tensions.

KPC added that the decision will be reviewed as the situation evolves, noting that production levels could be restored once conditions improve.