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Drone strikes shut oilfields in Iraq's Kurdistan, cut output by up to 150,000 bpd
Drone attacks for a third day on oilfields in Iraq's semi-autonomous Kurdistan region have slashed crude output by 140,000 to 150,000 barrels per day, two energy officials said on Wednesday, as infrastructure damage forced multiple shutdowns.
Drone attacks target western oil companies in Iraq's Kurdistan
“The drone attacks in Kurdish energy sites grew out of a sequence of drone attacks since 19 June on Kurdish security forces, where Iraqi militias were claiming that Kurdistan was supporting Israeli and US strikes on Iran,” Michael Knights, a senior fellow at The Washington Institute, told MEE.
Oil prices remained largely flat Friday as supply losses from Iraqi Kurdistan were overshadowed by renewed concerns over U.S.
Iraqi Kurdistan plans to resume oil exports to Turkey despite ongoing drone attacks on its oilfields. An agreement between ...
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