Kuwait's crude exports have risen to about 1.0 mln bpd as shipping through the Strait of Hormuz resumes, including ship-to-ship transshipments outside the strait, Kuwait Oil Co. International Marketing MD Sabah said. The company is delivering directly to customers and is using owned and chartered tankers; as more tankers find routes through the strait, exports have recovered to roughly two-thirds of last year's daily average of 1.6 mln bpd after falling to multi-year lows following the outbreak

Kuwait's crude exports have risen to about 1.0 mln bpd as shipping through the Strait of Hormuz resumes, including ship-to-ship transshipments outside the strait, Kuwait Oil Co. International Marketing MD Sabah said. The company is delivering directly to customers and is using owned and chartered tankers; as more tankers find routes through the strait, exports have recovered to roughly two-thirds of last year's daily average of 1.6 mln bpd after falling to multi-year lows following the outbreak of war between the US and Iran in late February.