KUWAIT

Kuwaiti Oil Minister Stresses Dire Consequences of Cut-off of Gulf Oil Supplies

The Kuwaiti Minister of Oil, Shaikh 'Ali Khalifah al-Sabah, has issued a strong warning about the dire consequences that would emanate from any cut-off of oil supplies from the Gulf region. In an interview with the Kuwait daily al-Qabas on 19 August, Shaikh 'Ali stressed that it would not be possible for the industrialized nations of the world to replace about 10mn b/d of crude oil flowing at...