Reports on Kuwait See all

A chart showing oil output of UAE, Iraq and Kuwait from 1994 till 2019

Kuwait oil: Time to catch up

At first glance, small Kuwait is sitting pretty with one of the largest known oil deposits under its surface, enough to last more than 90 years. The colossal resource earned the emirate its staggering sovereign wealth fund. However, Kuwait’s single-commodity economy faces a longer-term existential threat as the world begins to wean itself off fossil fuels.

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