'No substitute': Kuwait's future tied to Hormuz strait fate

AI Summary

Kuwait's oil sector remains paralyzed amid ongoing conflict in the Gulf, with petroleum exports severely reduced due to fighting near the Strait of Hormuz. The country faces a major crisis as its economic future depends heavily on controlling access through this crucial maritime chokepoint amid US-Iran tensions.

Kuwait's once prosperous oil sector has stood largely paralysed for months, with petroleum exports plummeting as fighting raged across the Gulf -- triggering the country's largest crisis in decades. Half a year into the war, Kuwait remains a hostage to its uncompromising need to access the Strait of Hormuz -- where the war between the US and Iran has choked off the once plentiful energy exports that moved across its waters.