Kuwait Petroleum Plans Outside Strait Shipping

An official from Kuwait Petroleum Corporation stated that the company offers buyers the option of transporting oil by transferring it from one vessel to another outside the Strait of Hormuz, to ensure safe delivery to the final destinations. Sheikh Khaled Ahmad Al-Sabah explained that this option is used to avoid the risks associated with the war between the United States and Iran, as it helps buyers and shipping companies avoid loading cargoes from ports within the strait. He clarified that the company resumed offering shipments in June after a stoppage since February due to the war, with the aim of attracting buyers and ensuring commercial security and safe transportation of oil.

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