Afghanistan, Aug. 14 -- Kuwait's oil industry has been severely disrupted by the war between the United States and Iran, with the closure and disruption of the Strait of Hormuz sharply reducing the country's ability to export crude and putting its economy under growing pressure.
Kuwait depends heavily on oil revenue, with crude accounting for the vast majority of government income and export earnings. Unlike Saudi Arabia and the United Arab Emirates, Kuwait has no major pipeline route that allows it to bypass the Strait of Hormuz, leaving its oil exports particularly vulnerable to disruptions in the waterway.
The impact has already appeared in official economic data. Kuwait's economy contracted 4.6% year-on-year in the first quarter of 20...