Kuwait Petroleum Corporation declared a "force majeure" due to increased threats to ships passing through the Strait of Hormuz amid ongoing war-related developments involving Iran, allowing it to suspend or limit its oil sales contracts. The company had previously reduced crude oil production and refinery operations as a precautionary measure.
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@اتاق خبر منوتو: Kuwait Petroleum Corporation announced that, due to war-related developments involving Iran and the increased threats to ships passing through the Strait of Hormuz, it has declared a "force majeure" o
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