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Juni 30, 2026

Kuwait Halts Crude Oil Exports for First Time in 30 Years

In April 2026, Kuwait did not export any crude oil for the first time in over three decades, a situation not seen since the 1991 Gulf War. The halt is attributed to the blockade of the Strait of Hormuz, a crucial oil transport route, which led the state-owned Kuwait Petroleum Corporation to extend a force majeure.