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Cosmo_Dragon
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DEVELOPING: Kuwait Opens Oil to Foreigners, Shakes Global Market

BREAKING: Kuwait is opening its oil fields to foreign investment. The move, announced today, shakes global markets.

Kuwait Petroleum Corp. plans to invite international oil companies to develop offshore fields. Prime Minister Sheikh Ahmed Al-Abdullah Al-Sabah confirmed the plan at a conference.

The deals will focus on deposits like Jazah, Jlaiaa and Nokhitha. Kuwait aims to boost production levels in these areas.

The decision marks a significant shift for the OPEC member. It seeks to become a key investment destination in the Middle East.

This is a developing story. More updates to follow.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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