KUWAIT

 

Kuwait’s Oil Minister Under Political Pressure In Dow Ruling Fall-Out

 

Kuwait has formed a ministerial committee to handle an international court ruling that ordered it to pay $2.16bn in damages to Dow Chemical for ending a $17.4bn joint petrochemicals venture, K-Dow. It will investigate how it happened and try to reduce the loss. The ruling and political turmoil – including intense speculation Minister of Oil Hani Husain will...