Saudi Arabia And Kuwait Claim Exclusive Ownership Of Contested Gas Field

Saudi Arabia and Kuwait have exclusive shared ownership of an offshore gas field that Iran has ambitions for, the Kuwaiti oil minister has said after Iran signaled it has plans for the field. The exchange is taking place just as the two largest regional players in the Middle East began to warm up to each other. In response to Iran statements that it owns a share of the field, Kuwait’s oil minister said this weekend that Saudi Arabia and Kuwait had “exclusive rights” to the Durra field. "Until this moment, this is an exclusive…