Al-Badr highlights Kuwait's humanitarian legacy
The article concerns the rise in oil prices to their highest level since 2014, reaching approximately $80 per barrel, due to ongoing fears of a supply shortage and the imposition of production restrictions. This has led to a significant increase in global oil and gas prices, with expectations of further price hikes during 2024 and 2025, with projected increases of about 89% and 10.7%, respectively. Data indicates that the rising prices are greatly impacting the global market, amid ongoing challenges to supply caused by policy changes and production adjustments.
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