Kuwait Petroleum Corporation CEO Sheikh Nawaf Al-Sabah says the country has restored oil production to more than 2 million barrels a day, up from almost nothing at the height of the crisis. Speaking to Romaine Bostick, CFA on Bloomberg Balance of Power, Al-Sabah says crude exports have returned to prewar levels, but additional security for ships transiting the Strait is needed to bring output back to its previous level of 2.7 million barrels a day.
