Kuwait Inks $16B Pipeline Deal with Blackstone, Brookfield, KKR Amid Iran Attacks
Kuwait has struck a $16 billion infrastructure partnership with Blackstone, Brookfield, and KKR involving its oil-export pipelines, even as it comes under daily Iranian attacks.
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Kuwait has agreed to a $16 billion infrastructure partnership with Blackstone, Brookfield, and KKR. The deal centers on the country’s oil-export pipelines, a critical artery for its economy.
The partnership was announced as Kuwait faces daily attacks from Iran, underscoring heightened geopolitical risks in the region.
Source: First Squawk