Kuwait and Iraq seek to defuse Iran crisis
The states depend of the Strait of Hormuz for their oil exports and vital oil revenue
Sometimes it takes a shared crisis for neighbours who have been at loggerheads for years to put aside their differences. A one-day visit to Iraq by the Emir of Kuwait, Shaikh Sabah al-Ahmad al-Sabah, reflects a gradual thaw in relations over recent years after the trauma of Iraq's invasion of Kuwait in 1990. But, much more, it is an indication that the two states are alarmed by the rising tension in the Gulf over the Iran crisis. They have good reason to be. Both export their crude oil through the Strait of Hormuz and into the Gulf of Oman—where two tankers were recently damaged in attacks blamed on Iran. All Kuwait's exports (around 2mn bl/d) and almost all Iraq's (3.5mn bl/d, with only 100
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation






