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On May 17, Saudi Arabia and Kuwait announced that they will be shutting down production at the Al-Khafji crude oil field, which they share in the Neutral Zone. The field was reopened in December 2019 after five years of being shut down, but due to a low number of buyers, sources say this led to the current shut down.

Kuwait and Saudi Arabia To Shut Down Al-Khafji Field Months After Reopening

On May 17, Saudi Arabia and Kuwait announced that they will be shutting down production at the Al-Khafji crude oil field, which they share in the Neutral Zone. The field was reopened in December 2019 after five years of being shut down, but due to a low number of buyers, sources say this led to the current shut down.

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