Kuwait, OPEC’s fifth-biggest producer, cut oil and refinery production following the near-halt of shipping traffic through the Strait of Hormuz, the latest in a string of output reductions hitting some of the world’s biggest energy producers. The cuts follow the “ongoing aggression by the Islamic Republic of Iran against the state of Kuwait, including Iranian threats against safe passage of ships through the Strait of Hormuz,” Kuwait Petroleum Corp said in a statement. The cutback started with about 100,000 barrels a day as of early Saturday and is expected to almost triple on Sunday, with further gradual reductions depending on storage levels and the status of Hormuz, a person with direct knowledge of the plan said, asking not to be named because the details are private.(BLOOMBERG)
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Trump administration denies reports that Iran captured US soldiers | Israel-Iran conflict News
Ali Larijani, the head of Iran’s National Security Council, claimed that his country has captured United States soldiers since the outbreak of war last week.
The comments came in a post on Saturday on the social media platform X, in which…
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$100 Billion American Misadventure: Abbas Araghchi Tears Into Trump’s Iran ‘Miscalculation’ As Conflict Escalates
$100 Billion American Misadventure: Abbas Araghchi Tears Into Trump’s Iran ‘Miscalculation’ As Conflict Escalates | Image:
RepublicTehran: Iranian Foreign Minister Syed Abbas Araghchi came down heavily on US President Donald…
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3D printed street furniture recycles concrete and brick waste
Regeneration of Urban Village Memory by BENTU DESIGN
Inorganic Growth is a research-driven project by BENTU DESIGN that converts construction waste from demolished urban villages into 3D printed urban furniture. By combining material…
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Scientists discover a brain signal that may trigger autism’s domino effect
The brain relies on countless chemical messages to keep its networks running smoothly. One way to imagine this system is like traffic lights guiding cars through a busy city. A new study focused on nitric oxide, a common chemical messenger in the…
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War to force Gulf producers to stop energy exports within days, push oil to $150, Qatar minister says – Seeking Alpha
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- Oil price at two-year high after Qatar warns all Gulf production could stop within days BBC
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- $87 Now To $150 A Barrel In 2-3 Weeks: Qatar’s Big Oil Warning Amid Iran War NDTV
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‘Spider-Man’ costar fuels Zendaya, Tom Holland marriage rumours
Liza Colón-Zayas has added fuel to speculation that Zendaya and Tom Holland have secretly tied the knot.
The Emmy-winning actor shared an…
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Linux 7.0 Adds A New Minor Performance Optimization Shown With AMD Zen 2 CPUs
The Linux event poll “epoll” code for efficient I/O multiplexing and monitoring of file descriptors for seeing when I/O is possible has a new optimization merged today for Linux 7.0.
Eric Dumazet of Google who has been involved in some great…
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Trump ‘kills’ Iran’s Gulf de-escalation gesture, says FM
New attacks in Gulf follow Iran’s president’s statement; Water desalination plant on Qeshm island attacked
Iranian Foreign Minister Abbas Araqchi. Photo: Reuters
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