Kuwait Records Zero Oil Exports for First Time Since 1991

TankerTrackers reported in May 2026 that Kuwait exported zero barrels of crude oil in April due to the Hormuz blockade. This Spring 2026 precedent is the first since the Gulf War, resulting from hindered supply access to global markets. May 2026 reports emphasized that Kuwait and Iraq are hardest hit by the strait's closure and the ongoing Iran-US-Israel war. In 2026, maritime tensions caused a near-total halt in tanker movement, driving energy prices to unprecedented record levels.