Kuwait cuts oil production as precaution amid Iran tensions, KPC says
The state oil company said the move was part of its "risk management and business continuity strategy."
3D-printed oil pump jacks and the Kuwait Petroleum Corporation (KPC) logo appear in this illustration taken March 2, 2026. REUTERS/Dado Ruvic/Illustration
Kuwait said it had implemented a precautionary reduction in crude oil production and refining throughput following the ongoing attacks by Iran against Kuwait and "Iranian threats to safe passage of ships through the Strait of Hormuz," Kuwait Petroleum Corporation (KPC) said in a statement on Saturday.
The state oil company said the move was part of its "risk management and business continuity strategy."
It said the adjustment was strictly precautionary and would be reviewed as the situation develops, and it remained ready to restore production levels once conditions allow.
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