Mar. 12 at 4:53 PM
$TOT set to lose 15% of global production due to Middles East conflict
Has shut down, or is in the process of shutting down, its production in Qatar, Iraq and offshore United Arab Emirates due to the crisis
--- Interestingly, TotalEnergies also says that a higher oil price, which has occurred as a consequence of the conflict, would more than offset the loss of production in the Middle East