Kuwait Sees 70% Oil Output Restored in 6-8 Weeks After Hormuz Reopens
Updated
Updated · Reuters · Jun 3
Kuwait Sees 70% Oil Output Restored in 6-8 Weeks After Hormuz Reopens
3 articles · Updated · Reuters · Jun 3
Summary
Kuwait said it could bring back nearly 70% of oil production within 6-8 weeks after the Strait of Hormuz reopens, with the remaining 30% taking about another month.
KPC also said refinery operations could return to normal in 2-3 weeks, faster than crude output recovery, against its roughly 1.4 million barrels per day of refining capacity.
That timeline is shorter than broader shipping recovery estimates: ADNOC said full Hormuz transits may not return to pre-war levels until mid-2027, while the IEA sees 6-8 months in a best-case scenario.
Gulf refiners are already planning around the disruption, with Kuwait discussing pipeline routes with friendly countries and executives highlighting a need for more storage and stronger regional partnerships.
ADNOC expects oil demand to jump first as inventories are rebuilt, then recover more steadily as prices normalize after the crisis triggered by Iran's effective closure of Hormuz following late-February U.S.-Israeli attacks.