Kuwait To Continue Oil Shipments During War
Kuwaiti oil tankers will continue to export crude even if the US and its allies initiate military action against Iraq, the Deputy Chairman of Kuwait Oil Tanker Company (KOTC), Ibrahim al-Ghanim, said on 4 February. Our plan is to assure the flow of crude, he said. The majority of Kuwaits income is from oil. Mr Ghanim said that Kuwaiti tankers would operate normally even if insurance rates were so high that other...