According to official data, Kuwait's crude oil production increased by nearly 20% last month, the highest daily average since the outbreak of the Iranian conflict. Relevant sources, who did not wish to be named and were interviewed due to undisclosed information, revealed that crude oil production rose to 1.97 million barrels per day in July, an increase of about 300,000 barrels over the previous month, but did not explain the reason for the increase in production. Current production has increased several times from the April low, but it is still about 20% below pre-war levels. The cease-fire agreement between the US and Iran has broken down, and regional shipping risks are once again heating up. However, in recent years, the operation of oil producers in the Gulf of Boz to export crude oil via the Strait of Hormuz has achieved certain results. Relevant negotiations aimed at resuming tanker shipping are ongoing. Electricity consumption for air conditioning in the Middle East region peaked in summer, and domestic oil demand in each country rose at the same time.

According to official data, Kuwait's crude oil production increased by nearly 20% last month, the highest daily average since the outbreak of the Iranian conflict. Relevant sources, who did not wish to be named and were interviewed due to undisclosed information, revealed that crude oil production rose to 1.97 million barrels per day in July, an increase of about 300,000 barrels over the previous month, but did not explain the reason for the increase in production. Current production has increased several times from the April low, but it is still about 20% below pre-war levels. The cease-fire agreement between the US and Iran has broken down, and regional shipping risks are once again heating up. However, in recent years, the operation of oil producers in the Gulf of Boz to export crude oil via the Strait of Hormuz has achieved certain results. Relevant negotiations aimed at resuming tanker shipping are ongoing. Electricity consumption for air conditioning in the Middle East region peaked in summer, and domestic oil demand in each country rose at the same time.