Iraq halts production at Rumaila, world's second-largest oil field, as Strait of Hormuz blockade fills storage capacity to limits. Analysts warn of potential 3 million barrel per day cuts if closure persists, marking one of Iraq's largest production disruptions in decades amid escalating Middle East tensions.
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https://en.infomaxai.com/news/articleView.html?idxno=107832
#YonhapInfomax #Iraq #RumailaOilField #StraitOfHormuz #OilProduction #OPEC #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=107832

'Iraq Halts Oil Production at Rumaila, World's Second-Largest Field - Hormuz Blockade Fallout'
Iraq halts production at Rumaila, world's second-largest oil field, as Strait of Hormuz blockade fills storage capacity to limits. Analysts warn of potential 3 million barrel per day cuts if closure persists, marking one of Iraq's largest production disruptions in decades amid escalating Middle East tensions.