KUWAIT

Kuwait’s government this week agreed ‘in principle’ to end diesel subsidies. But Kuwait’s fractious politics may make this difficult to implement.

For the ending of diesel sibsidies to take effect Kuwait’s Higher Planning and Development Council must study and approve the plan.

Diesel is sold at about $0.20/liter in Kuwait. This has encouraged significant over consumption and some degree of smuggling, presumably by sea to nearby ports in Iran....