Kuwait Issues Decrees Recalling Nationality
The summary of the article addresses the rise in oil prices, as they have experienced notable increases in recent periods. The price of a barrel of oil traded on the global market has reached approximately $75, the highest level in more than six years. During the same period, oil prices have ranged between $1200 and $1500 per ton, according to official indicators and reports. These increases are due to several factors, including the growing global demand for energy, reduced production by exporting countries, as well as geographic and political developments in major producing regions. It is expected that oil prices will remain high until the end of 2026, according to forecasts by specialized institutions, with a gradual rise expected to reach $165 per barrel by the end of 2026.
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