business ⛽ Qatar & Kuwait boost oil exports via Hormuz
Qatar and Kuwait have managed to restore 70% of their pre-war crude oil exports through the Strait of Hormuz. This happened as they followed the UAE's lead by using ship-to-ship transfers in the Gulf of Oman. Before the conflict, these two nations collectively exported about 2 million barrels per day. The increased volumes help supplement the oil already being shipped by Saudi Arabia and the UAE around June. These creative solutions are helping keep oil flowing despite the regional threats. ⛽