The Kuwaiti oil price declined by USD 4.04 to USD 80.18 per barrel (pb) on Tuesday, compared with USD 84.22 pb on Monday, said the Kuwait Petroleum Corporation (KPC) on Wednesday. At global markets, the price of the Brent crude and West Texas Intermediate went down by USD 1.60 and USD 97 cents to USD 76.76 and USD 73.25 pb respectively. Source: Kuwait News Agency
Kuwaiti Crown Prince and US VP Discuss Strait of Hormuz Closure and Economic Challenges
Kuwait city: Kuwaiti Crown Prince His Highness Sheikh Sabah Khaled Al-Hamad Al-Sabah engaged in a phone call with US Vice