Kuwait Lifts Force Majeure, Oil Production Set to Rebound Above 2 Million Barrels Per Day

Kuwait announced on Thursday that it will increase crude oil production above 2 million barrels per day within a week, marking a significant recovery step after months of conflict-related disruptions. The state-owned Kuwait Petroleum Corporation (KPC) stated that the decision comes as Kuwait lifts force majeure notices previously imposed during the U.S.-Israel-Iran conflict. The lifting is justified by improved security conditions, the reopening of the Strait of Hormuz, and the resumption of international commercial shipping. KPC said it has completed repairs to damaged infrastructure and is coordinating with customers to ensure a smooth transition back to full contractual supply volumes. The announcement follows a precautionary production reduction introduced in March, when repeated attacks targeted Kuwait's energy infrastructure and transport networks. As a major Gulf oil producer, Kuwait has been working to restore normal energy operations disrupted by the conflict, which had impacted maritime traffic through the strategically critical Strait of Hormuz, a vital route for global oil exports.