Restart would alleviate fears of global supply crunch. But is it really likely?

More than three years since production from the joint Saudi-Kuwaiti Partitioned Neutral Zone (PNZ) was halted completely, rumors are again swirling that a restart is looming. Kuwaiti officials have always claimed a resumption was imminent, but a new voice was this week added to the chorus, raising expectations that this time it could be different.

Japan’s Toyo Engineering announced on 2 July that its...