dead detour

Hormuz alternatives give oil not a ‘smidgen’ of help, Kuwaiti says

JPMorgan's Jamie Dimon said that the Iran war could ultimately bring calm to the region, but risks from terrorism and cyberattacks remain severe

F. Carter Smith/Bloomberg via Getty Images

Sheikh Nawaf Al-Sabah, chief executive officer of Kuwait Petroleum Corp., speaks at CERAWeek in Houston

Kuwait Petroleum Corp. CEO Sheikh Nawaf Al-Sabah says emergency measures aimed at offsetting the Iran war’s impact on oil shipping have not raised supplies “even a smidgen” to the level of normal exports.

Speaking in Houston at the...