Iraq suspends Rumaila oil production – World | BelarusVC
Belarus Virtual Consult

Bridging the World to Belarus

Your trusted gateway to opportunities.

Iraq suspends Rumaila oil production

All Rumaila wells shut down, Baghdad loses $128 million

Iraq has suspended oil production at the country's largest oil field - Rumaila, located in the south of the Arab republic. According to the Shafaq News portal, all wells at this field are currently not operating. Experts estimate that Baghdad is suffering daily losses of $128 million due to the suspension of production caused by military operations in the region.

Context

Rumaila is Iraq's largest oil field, located in the southern part of the country.

Summary:

Iraq has halted oil production at the giant Rumaila field, causing Baghdad to lose $128 million daily.