Kuwait weighs options in case Iran closes Strait of Hormuz

By JPOST.COM STAFF
April 9, 2012 17:07

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For a symbolic $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Don't show it again

Kuwait is preparing contingency plans for the possibility that Iran will close the Strait of Hormuz, AFP quoted a top official as saying Monday.

Iran has frequently threatened to close the vital transportation hub if attacked. Such a move would threaten the small the Kuwaiti economy by disrupting its primary oil export route.

"We are discussing many scenarios but we have not decided which" plan to adopt, the CEO of national oil conglomerate Kuwait Petroleum Corp (KPC), Faruq al-Zanki said.

"KPC has been asked to look into what we think (we can do about the possible closure of Hormuz) and this is something we are looking into," Zanki said.

The UAE is in the process of constructing pipelines that would allow its oil and gas exports to bypass the Strait of Hormuz, AFP reported.


Related Content

Breaking news
June 25, 2018
Erdogan says Turkey will continue advancing in Syria

By REUTERS