Iraq has halted oil production at the Rumaila field and exports through the Ceyhan pipeline.
Cristina Petrache
International
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Iraq has decided to halt oil production at the Rumaila field, the largest oil field in the country, and has suspended exports through the Ceyhan pipeline. This measure was taken against the backdrop of increasing regional attacks from Iran, which have begun to affect Iraq's oil deliveries. The Ministry of Oil confirmed that Rumaila, operated by BP, was responsible for a significant portion of the national oil production. The suspension of activities at Rumaila will have a considerable impact on the Iraqi economy, which relies heavily on oil revenues.
Sources
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