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TotalEnergies Halts Production in Qatar, Iraq, UAE Amid Middle East Conflict

Wall Street Journal US Business •
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TotalEnergies has suspended oil and gas operations in Qatar, Iraq, and UAE offshore sites as Middle East conflict escalates. The French energy giant said production has stopped or is in the process of shutting down at these facilities, representing about 15% of the company's total output. This significant reduction affects key energy infrastructure across the region.

The company's decision to halt operations in multiple countries signals the severity of the situation. TotalEnergies operates major offshore platforms in these locations, making the production cuts particularly impactful. The company has not provided a timeline for when operations might resume, leaving uncertainty about the duration of these shutdowns.

Industry analysts note that such widespread production halts could affect global energy markets if the conflict persists. The Middle East remains a critical region for global oil and gas supplies, and disruptions here often lead to price volatility. TotalEnergies joins other energy companies reassessing operations in the region as security concerns mount.