Pakistan, May 26 -- Saudi Arabia and Kuwait have jointly announced a major oil discovery in the neutral zone, marking a key step forward in their energy cooperation. The discovery, located in the North Wafra Wara-Burgan field, has an initial output of over 500 barrels per day, according to officials.

This breakthrough is especially significant as it's the first major find since both nations resumed production in the neutral zone in 2020. The North Wafra field lies just five kilometers north of the original Wafra site, which had remained inactive for several years before recent efforts reignited exploration.

Saudi officials described the discovery as "highly significant," emphasizing its potential to boost both countries' positions as le...