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Kuwait Oil Hits Peak
Kuwait raised its crude oil production to 2.1 million barrels per day in October, an increase of more than 300,000 barrels from September and its highest level since the war on Iran broke out in late February. Exports rose to around 880,000 barrels per day, up from 809,000 the previous month—an increase of nearly 8.8%—despite escalating attacks on ships in the Strait of Hormuz.
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