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Fire at Kerosene Production Unit in Kuwait’s Mina Abdullah Refinery under Control

Kuwait’s Mina Abdullah oil refinery. (KUNA)
Kuwait’s Mina Abdullah oil refinery. (KUNA)
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Fire at Kerosene Production Unit in Kuwait’s Mina Abdullah Refinery under Control

Kuwait’s Mina Abdullah oil refinery. (KUNA)
Kuwait’s Mina Abdullah oil refinery. (KUNA)

The Kuwait National Petroleum Company (KNPC) announced on Wednesday that it had completely put out the fire that broke out in a kerosene production unit in Mina Abdullah's refinery Tuesday, reported the KUNA news agency.

The company's fire department put out the blaze as soon as it occurred at 11:34 pm and no workers were injured in the incident, KNPC's Deputy CEO for Administrative and Commercial Affairs and Spokesman Bassem Al-Essa told the agency.

He added that KNPC is evaluating the damage caused by the fire and has also launched an investigation into the incident.

Meanwhile, Al-Essa noted that the kerosene supplies and the refinery's units were not affected by the fire and are working normally.

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Swiss National Bank Denies Currency Manipulation after Being Put on US Watch List

People walk along the shore of lake on a warm spring afternoon in Zurich, Switzerland April 30, 2025. REUTERS/Stefan Wermuth
People walk along the shore of lake on a warm spring afternoon in Zurich, Switzerland April 30, 2025. REUTERS/Stefan Wermuth
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Swiss National Bank Denies Currency Manipulation after Being Put on US Watch List

People walk along the shore of lake on a warm spring afternoon in Zurich, Switzerland April 30, 2025. REUTERS/Stefan Wermuth
People walk along the shore of lake on a warm spring afternoon in Zurich, Switzerland April 30, 2025. REUTERS/Stefan Wermuth

The Swiss National Bank does not engage in currency manipulation, the central bank said on Friday, after the United States added Switzerland to a list of countries being monitored for unfair currency and trade practices.

"The SNB does not engage in any manipulation of the Swiss franc," the SNB said after the publication of the US Treasury Report on Thursday.

"It does not seek to prevent adjustments in the balance of trade or to gain unfair competitive advantages for the Swiss economy," it added, according to Reuters.

The SNB said it remained in contact with US authorities to explain Switzerland's economic situation and monetary policy, and would continue to use interest rates and forex market interventions to pursue its inflation target.

The central bank declined to say whether further talks with the United States were planned, but said it acted in the interests of Switzerland, where it aims to keep annual price increases within a band of 0-2%.

"Our monetary policy is geared towards the needs of Switzerland," the SNB said.