Exclusive: Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say

Macquarie has withdrawn from bidding for a stake in Kuwait’s oil pipeline network worth up to $7 billion, according to two sources familiar with the matter. The decision makes Macquarie one of the first investors to pull out of a Gulf deal amid the Iran war. The sources provided this information on the condition of anonymity. No further details were disclosed regarding the withdrawal or potential future involvement.