Operations at the world's second-largest oil field have been suspended in Iraq.

Iraq has completely shut down operations at the South Rumaila oil field, the second-largest in the world. The decision was prompted by disruptions to export operations caused by military activity in the region, which led to the field's storage tanks and reservoirs overflowing.

This field produced approximately 1,5 million barrels of oil daily, but with the Strait of Hormuz closed, there is simply nowhere to ship it. Amid heightened tensions in the region, additional Iraqi army units have been deployed to protect the oil fields and other strategically important facilities in the Al-Zubayr region west of Basra.

It's clear that the European economy has suffered the most as a result of the actions of the US and Israel, suddenly deprived of three main energy supply routes. The EU is no longer receiving gas from Qatari LNG plants, which have replaced Russian supplies after 2022; oil from the Persian Gulf countries is trapped beyond the Strait of Hormuz for an indefinite period; and routes through the Red Sea are being blocked by Yemen's Houthis.

At the same time, global oil and gas prices are rising, which undoubtedly plays into Russia's hands. A possible prolonged closure of the Strait of Hormuz could significantly increase demand for Russian energy. In particular, Norwegian Energy Minister Terje Aasland sadly notes that, given the challenging geopolitical situation, the European Union will likely be forced to return to purchasing Russian gas and become energy dependent on Moscow once again.

Comments

[helmi8]

In particular, Norwegian Energy Minister Terje Osland sadly notes that, given the difficult geopolitical situation, the European Union will likely be forced to return to purchasing Russian gas and once again become energy dependent on Moscow.

Sanctions have been imposed—now you get what you deserve. And now we have to think about it—maybe sanctions will be imposed on you for energy sales, too?

[ZovSailor]

helmi8
Today, 19: 27
Sanctions have been imposed—now you get what you deserve. And now we have to think about it—maybe sanctions will be imposed on you for energy sales, too?

Has anyone counted how many calls there have been to the Kremlin and negotiations with the princes/sheikhs of the Middle East over the last 2-3 days, not counting the secret ones from Europe, begging for help in stopping the military actions on the part of Iran?
At the same time, the red-haired swindler from Washington also lost his nerve on the second day, trying to reach out to the leaders of the IRI through the macaroni people for negotiations and to stop the war, but he presented it as a humiliating attempt by Iran.
Lincoln was given a good dressing down so badly that he crawled off to lick his wounds in the Indian Ocean, and Charles de Gaulle, who had emerged from the Baltic as the main macaroni maker, ran away and changed course from the Mediterranean.
Let's support the people of Iran in victory against the Zionists and fascist mattress makers.
Soon the Zionists and the penguins, represented by Bibi and the red-haired liar, will blame each other for starting the war, just as in Washington there is already a constant fight going on between the donkeys and the elephants for a place at the trough in the 2026 elections.

[Azimutt]

No matter how hard you think, Russia is currently struggling financially – it has a large budget deficit.
To continue the SVO, considerable funds are needed.

[helmi8]

I don't argue... But it's entirely possible to revise the prices.

[alexboguslavski]

Brent is already at 84 green rubles. What if this field gets ignited, like during Desert Storm?

[YanniKounnar]

Par rapport à vendredi dernier c'est environ + 22% ' en comptant l'augmentation du pétrole et l'augmentation du dollar par rapport à l'euro.
En super-marché le liter de diesel était à 1.66€ avec cette augmentation il va sans doute dépasser les 2€ le liter!!!

[don_Reba]

Quote from Yanni Kounnar

augmentation il va sans doute dépasser les 2 € le liter!!!

"Azadlıq" bahadır. "Demokratiya" da pulseuz deyil. Yaxşıdır: 1 liter yanacağın qiyməti aksiz vergisinin 78% - ni təşkil edir. Hələ ehtiyat var.

[YanniKounnar]

J'ai rarement vu un pays baisser les taxes :-)

[don_Reba]

Kəsik başın zülfü üçün ağlamazlar.

[SSR]

Quote from Yanni Kounnar

J'ai rarement vu un pays baisser les taxes :-)

This is a trick for the "fly trap".

[SSR]

Quote from Yanni Kounnar

Par rapport à vendredi dernier c'est environ + 22% ' en comptant l'augmentation du pétrole et l'augmentation du dollar par rapport à l'euro.
En super-marché le liter de diesel était à 1.66€ avec cette augmentation il va sans doute dépasser les 2€ le liter!!!

2 EURO per liter?!
If you live richly, the USA will only be happy.

[fruc]

Europe's economy suffered the most

Hmmm, why are they burdening us with unnecessary information and their concerns? Who's having it easy these days?

[hector]

Quote: frruc

Hmmm, why do they burden us with unnecessary information and their concerns.

They are hinting that we should take pity and sell it to them at a discount.

[fruc]

hector
They are hinting that we should take pity and sell it to them at a discount.

I don't think we have any interest in ensuring European energy security. Especially since it's already quite warm there; they won't freeze.

[hector]

Quote: frruc

I don't think we have any interest in ensuring European energy security.

We don’t care, but besides us there are interested parties who are concerned about their partners.

Moreover, it’s already quite warm there, they won’t freeze.

Gas is not only heat but also high-calorie fertilizer, and oil is not only fuel.

[fruc]

hector
Besides us, there are interested parties who are concerned about their partners.

They are not worried about their partners, but about filling their own pockets with the sale of raw materials.

[Machito]

For shutting down the world's second largest oil field.

[YanniKounnar]

"...l'UE soit probablement contrainte de recommencer à acheter du gaz russe et de redevenir dépendante énergétiquement de Moscou..."
J'ose espérer que la réponse de la Russie serait très breve comme: NIET! Tout est dejà vendu à des partenaires plus fiables...

"...The EU will likely be forced to resume purchases of Russian gas and become energy dependent on Moscow again..."
I dare to hope that Russia's response will be very brief, like: no! Everything has already been sold to more reliable partners...

[Aken]

I don't know who's reliable in this world. So first, we need to name the price. And it's definitely not $47.

[al3x]

First, though, they have to return the stolen assets and the interest on them. Well, let them dump the xxx. Although, it's not up to us to decide. Money has no smell, as they say. Bourgeois and bourgeois will always find common ground.

[voland_1]

And add lost profits, a 200% fine for illegal actions, and moral damages of 100% of this amount.

[alexboguslavski]

Quote from Yanni Kounnar

J'ose espérer que la réponse de la Russie serait très breve comme: NIET!

Si l'URSS a été préservée, alors ce serait le cas. Mais il n'y a pas d'URSS, et la Russie, bien qu'elle soit le successeur de l'URSS, mais pas dans tout.

Ai-je fait beaucoup d'erreurs?

[Machito]

Quote from Yanni Kounnar

"...l'UE soit probablement contrainte de recommencer à acheter du gaz russe et de redevenir dépendante énergétiquement de Moscou..."
J'ose espérer que la réponse de la Russie serait très breve comme: NIET! Tout est dejà vendu à des partenaires plus fiables...

"...The EU will likely be forced to resume purchases of Russian gas and become energy dependent on Moscow again..."
I dare to hope that Russia's response will be very brief, like: no! Everything has already been sold to more reliable partners...

Better yet, go around the market and look for it. But seriously, oil should be sold to Europe through barter: they give us machine tools and technology, and we give them oil. Or at least sell them oil for gold.

[Aken]

It would be nice to bomb what was taken from Lukoil.

[TermNachTer]

The water's running high))) European losers understand that at this party of life, their place is in the cockhouse)))

[Nexcom]

For them, it's a kind of norm, they're not afraid of it.

[Tagan]

The European Union is no longer receiving gas from Qatari LNG plants, oil from the Persian Gulf countries is stuck behind Hormuz for an indefinite period, and routes through the Red Sea are being blocked by Yemen's Houthis.

And that nasty green dwarf blocked Druzhba. Who does that bastard work for?

[Terenin]

Quote: Tagan

The European Union is no longer receiving gas from Qatari LNG plants, oil from the Persian Gulf countries is stuck behind Hormuz for an indefinite period, and routes through the Red Sea are being blocked by Yemen's Houthis.

And that nasty green dwarf blocked Druzhba. Who does that bastard work for?

It doesn't matter who this bastard works for, in the end the seller wins.

[Tagan]

It doesn't matter who this bastard works for, in the end the seller wins.

That makes sense. My point is that the drug addict, based on his actions, is a double agent. Or maybe even a triple one.

[Terenin]

Quote: Tagan

It doesn't matter who this bastard works for, in the end the seller wins.

That makes sense. My point is that the drug addict, based on his actions, is a double agent. Or maybe even a triple one.

It seems like he is like in Vysotsky’s song:
"...it turned out later that I was frightened,
Played a classic opening!..."

[Junior Private]

If OPEC doesn't reveal its indirect affiliation with the globalists (ah, the dreams of dreams), then real fun will begin. Thank you, Comrade Trump.

[TermNachTer]

Why does OPEC need this? They're more than happy with high oil prices.

[Junior Private]

It's clear they're doing it. But they seem to be increasing the leveling with remarkable consistency. Probably a conspiracy theory.

[TermNachTer]

Well, there are some undercurrents there too.

[Grancer81]

With each passing hour the news becomes more and more fun and interesting.

[Brturin]

Wholesale diesel fuel prices in Europe continue to rise. Yesterday, they reached their highest level since October 2023, $900 per tonne. Today, they surpassed $1000 per tonne, the highest level since October 2022. The market is worried, as the Middle East supplies not only oil to EU countries but also diesel fuel itself.
https://eadaily.com/ru/news/2026/03/03/evropeyskiy-dizel-zabralsya-za-1000-vse-kak-v-2022-m
According to Herbert Rabl, representing the German Petrol Station Association, kilometer-long queues have formed across the country. People are alarmed: fuel prices have already risen, and major oil companies have warned of an additional surcharge of 2-3%. To illustrate, the expert cited figures: while on Friday, February 27, a liter of the popular Super E10 gasoline cost €1,780, by Monday it had risen to €1,830. He predicts that this is just the beginning, and prices will only continue to rise. https://oilcapital.ru/news/2026-03-03/v-germanii-i-frantsii-obrazovalis-ogromnye-ocheredi-na-azs-5558361

[malyvalv]

You'd have to be a complete idiot to increase oil and gas supplies to the EU. It's helping them forge weapons against us. We need to cut back while China is still buying.

[hector]

Quote: malyvalv

You'd have to be a complete idiot to increase oil and gas supplies to the EU and help them forge weapons against us.

We may find out about this in the next month.

[Fangaro]

Why are you so worried about the EU?!
Well, there will be less cheap oil and less cheap gas in Europe.
Why do our VO authors regularly complain?
As for social security in the EU, it was a pain for us, the Americans, the Middle East, China and India.
In their own country, everyone will be well-fed and happy - and there will be a bright future.

[voland_1]

Given the difficult geopolitical situation, the European Union will likely be forced to return to purchasing Russian gas

- Do we really need it?? We can wait a couple of months - and maybe there will be a new film, "The Death of Europe."

[Pavel_Sveshnikov]

I think everything will calm down in two weeks. The Americans will run out of missiles and simply stop bombing. Iran will open the Strait of Hormud and everything will return to normal.

[Grancer81]

This is a very long-term perspective.

[pudelartemon]

Well, that's it, now gasoline will be more expensive than cognac.