Kuwait Sees Oil Production Recovery in Six Weeks After Hormuz Reopens

Kuwait's oil production could recover nearly 70% within six to eight weeks after the Strait of Hormuz reopens, according to Shaikh Khaled Ahmad Al-Sabah, managing director for international marketing at Kuwait Petroleum Company.

This timeline is shorter than some forecasts for a full reopening of transits through the strait, which Iran has effectively closed since U.S.-Israeli attacks in late February.

Al-Sabah stated that the remaining 30% of production would take about another month to recover. Kuwait's refinery output could also return to normal levels within two to three weeks, with a capacity of around 1.4 million barrels per day.