02.10.2018 - 03:48 [ Trend.az ]

Kuwait stops exporting crude oil to US first time in over two decades

According to Bloomberg, Kuwait has shifted its focus from the US market to the more blooming Asian ones, which currently take up to 80 percent of the emirate’s exports. New possibilities are opening up in light of the upcoming new batch of US sanctions against countries trading with Iran, expected to take effect beginning in November.