Current Affairs - International - Discussion

Saudi Arabia and Kuwait have jointly discovered a significant new crude oil source in the North Wafra Wara-Burgan field of the neutral zone, marking their first major energy discovery since 2020. This neutral zone is a shared area where both countries have equal rights to oil resources. Production was previously suspended but resumed in 2020. The new well produces over 500 barrels of crude oil daily, highlighting the strategic importance of this joint venture in strengthening their roles as key energy exporters and enhancing Gulf cooperation.