Middle East Conflict Halts 15% of TotalEnergies Oil and Gas Production
TotalEnergies, a prominent international energy company, has reported a substantial operational and financial hit, with 15% of its global oil and gas production and 10% of its upstream cash flow being halted. This significant disruption is a direct consequence of the escalating Middle East conflict, highlighting the profound impact of geopolitical instability on even the largest energy supermajors' worldwide operations.
OilPrice.com · March 13, 2026
Global Energy Markets in Crisis as War Chokes Supply Chains
Recent drone attacks on key Qatari LNG infrastructure, specifically at Ras Laffan and Mesaieed, have forced QatarEnergy to suspend production, leading to major global energy companies like Shell and TotalEnergies warning customers of impending supply disruptions. This incident immediately tightens an already volatile global gas market, highlighting the severe impact of regional geopolitical instability on critical energy supply chains.
OilPrice.com · March 13, 2026