SAUDI ARABIA-KUWAIT-IRAQ

Saudi-Kuwaiti War Relief Supplies To Iraq Lapsed at End August

Supplies of so-called "war relief" crude oil furnished to Iraq by Saudi Arabia and Kuwait on a time-exchange basis lapsed at the end of August and have not been renewed, MEES understands. The actual contracts between Iraq on the one hand and Saudi Arabia and Kuwait on the other, involving the supply of some 310,000 b/d of Neutral Zone Khafji and Arabian Light crudes to Iraq, expired in...