Oil Ministry Sources Says Iraq Declares Force Majeure On All Oilfields Developed By Foreign Oil Companies
3/20/2026
Impact: -80
Financial Services
Iraq has declared force majeure on all oilfields developed by foreign oil companies, according to sources from the Oil Ministry. This declaration may impact production and operations in the affected fields, potentially leading to disruptions in oil supply. The move could have significant implications for international oil markets and the companies involved.
AI summary, not financial advice
Share: