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Published 2 hours ago

Kuwait's $16B Pipeline Deal: What It Means for Energy Infrastructure ETFs

Kuwait's $16B Pipeline Deal: What It Means for Energy Infrastructure ETFs
Mumtaz Niazi · pexels

Kuwait's state-owned Kuwait Petroleum Corporation (KPC) has entered into a substantial $16 billion lease and leaseback agreement for its oil pipeline network. The deal, reportedly involving prominent investment firms such as Blackstone, KKR, and Brookfield,…