(EnergyAsia, August 15, Friday) — Kuwait is expected to increase its crude stockpile in South Korea in response to rising tensions between Iran and the West. Iran has threatened to close the Straits of Hormuz if the US and its allies launch a military strike on the Islamic regime’s nuclear facilities. The bulk of Kuwait’s…
KUWAIT: More Kuwaiti crude to be stored in Korea as MidEast tensions rise
Posted on August 14, 2008 by EnergyAsia