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Topic: Gulf war
Iraq, currently dealing with a faceoff between US and Iran in the Gulf and another between Saudi Arabia and the Tehran regime, sees Kuwait as a safe harbour.
Oil tanker owners are doing everything possible to minimize risk in the Strait of Hormuz, a dangerous energy chokepoint. But rising US-Iran tensions in the Gulf region are no help.
Saudi delegation visited Iraq last month and came away with a pledge to invest $1 billion in development projects and open a consulate in Baghdad.