Oil – Kuwait voicing concern over threats to close the Strait of Hormuz

Kuwait’s deputy foreign minister with some alarm prior to oil markets getting active this new week.

  • Says the country is looking at threats orehere  heref closing Strait of Hormuz with concern
  • Hopes to distance region from this tension
This is in relation to Iran expressing intent to close the Strait. This has been ongoing, accelerating in past days. Iran once again threatened to close the Strait of Hormuz over the weekend. The US have demanded buyers of Iranian oil stop purchases by May or face sanctions.
Oil markets and the Straits of Hormuz Iran US conflict.
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