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.
Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.
The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.
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