Country Risk

Change at the Top in Kuwait, But Little Trickle Down

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  • The Kuwaiti ruler’s ill-health prompted Crown Prince Sheikh Mishal al-Ahmad al-Sabah to be assigned most of his duties on Nov. 16, and become de facto emir.
  • Consensus is that some changes are coming, including at the oil ministry.
  • But kick-starting genuine reform is a steep challenge, with inertia deeply ingrained in the system.

The Issue

Policy and Regulation, Opec/Opec-Plus, Fiscal Terms, Conventional Oil and Gas, Opec-Plus Supply , Refining
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