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Breaking Posted 3 hours ago

Iraq halts oil production at West Qurna 2 oilfield

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Iraq has ordered a halt to oil production at the West Qurna 2 oilfield, a major crude supply disruption. This geopolitical event reduces global oil output, pushing crude prices higher and strengthening commodity-linked currencies like CAD and NOK while pressuring USD pairs.
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@asuquokelvin · 3 hours ago

Oil supply disruption could support crude prices, giving CAD and NOK some near-term strength.

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