Kuwait declares emergency, halts oil exports

Kuwait's oil CEO says exports have completely stopped and production is minimal due to the Strait of Hormuz closure, calling the situation 'beyond catastrophic'.

Sources

3 verified

Location

Kuwait

Updated

Monday, 20 April 2026 at 18:10 UTC

No media · text-only dispatch

Synthesis · 3 sources

Kuwait Petroleum Corporation (KPC) has declared a state of emergency for all crude oil and petroleum product shipments, citing the impossibility of exports after Iran's closure of the Strait of Hormuz. KPC CEO Nawaf Al-Sabah stated the situation is "beyond catastrophic" and will have a domino effect on the global economy. Kuwait, which previously produced about 2.6 million barrels per day, has now reduced production to a minimum and oil exports have completely stopped. He added there is no alternative export route, and measures like releasing strategic reserves or using pipelines are insufficient to compensate for the shortage.

Updates · 1

20 Aprسپاه سایبری پاسداران IRGC 🏴

KPC CEO Nawaf Al-Sabah provided new details, stating Kuwait's oil production has been reduced to a minimum and exports have completely stopped, calling the situation 'beyond catastrophic' with a domino effect on the global economy.

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e/eineurope · topic · T-02403cycle Monday, 20 April 2026 at 18:10 UTC · first reported 20 Apr