OPEC

Neutral Zone: Saudi Arabia Steamrolls Kuwait, Cuts Oil Output

Saudi Arabia’s decision to shut down the 300,000 b/d offshore Khafji oil field has brought to the fore tensions with Kuwait over the shared assets of the Neutral Zone. The two Gulf OPEC states are traditional allies whose policies are normally closely aligned. But when it comes to the Neutral Zone, the relationship is complicated. Saudi Arabia’s unilateral move has angered Kuwait and exposed tensions between the...